Aetherflux's Ambitious Space Solar Power Plans

Aetherflux, founded by Baiju Bhatt, is set to revolutionize energy with its space solar power initiative. With $50M in new funding, the startup plans to launch satellites that transmit solar energy directly to Earth. This groundbreaking technology aims to provide scalable, commercial energy solutions, supported by strategic partnerships and government backing.

Aetherflux, a pioneering space solar startup founded by Baiju Bhatt, co-founder of Robinhood, is making significant strides in the realm of space-based solar power. With a recent $50 million Series A funding round, the company is gearing up for its first low Earth orbit demonstration in 2026. This ambitious venture aims to establish a constellation of satellites capable of collecting solar energy in space and transmitting it directly to Earth-based ground stations.

Inspired by Isaac Asimov's 1941 short story "Reason," Bhatt is determined to transform this science fiction concept into a tangible reality. The upcoming satellite launch is a crucial step in proving the feasibility of this technology. Bhatt emphasizes the transformative potential of harnessing space-based solar power, marking a significant milestone in energy innovation.

The recent funding, led by Index Ventures and Interlagos, with participation from notable investors like Bill Gates's Breakthrough Energy Ventures and Andreessen Horowitz, brings Aetherflux's total funding to $60 million. This capital infusion will be used to expand the engineering team and invest in the necessary technology and infrastructure for the company's initial missions.

Aetherflux is collaborating with Apex Space, utilizing their Aries satellite bus, which is integral to the satellite's operation. The power generated by the satellite's solar panels will be converted into laser power and transmitted back to Earth. The receiving end will feature Aetherflux's ground stations equipped with photovoltaic arrays to convert and store the energy.

The startup is also exploring potential locations for its first ground station, considering military sites with controlled airspace. Looking ahead, Aetherflux envisions developing portable ground stations to provide electricity to remote areas, showcasing the scalability and commercial potential of their system.

Aetherflux's efforts are further bolstered by an award from the Department of Defense’s Operational Energy Capability Improvement Fund, highlighting the strategic importance of space solar power for the U.S. military. This initiative positions Aetherflux at the forefront of space solar innovation, with the potential to revolutionize energy access on a global scale.