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Aetherflux Secures $50M in Series A Funding Round for Space Solar Energy Project

Apr 12, 2025•about 1 year ago

Contract Type

partnership

San CarlosManufacturingEnergyRenewable EnergySolar

Description

Aetherflux, the space-based solar energy startup founded by Robinhood billionaire Baiju Bhatt, has secured $50 million in a Series A funding round to push forward its vision of transmitting power from orbit to Earth. The company is working to build satellites that will generate solar power in orbit and beam it back down to ground stations using electricity-powered laser technology.

Company Information

Company

Aetherflux

Location

San Carlos, California, United States

About

Aetherflux is a space solar power startup founded by Baiju Bhatt, a co-founder of Robinhood. The company is focused on building a power grid in space using satellites in Low-Earth Orbit (LEO) to beam power down to remote locations. They aim to reduce reliance on fuel convoys and provide energy directly to military forces. Aetherflux has demonstrated power transmission in its lab and is planning a power beaming demonstration in 2026.

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