Space-based solar power may not remain a mere sci-fi dream for much longer.
Florida startup Star Catcher Industries just scored $12.25 million in seed funding to develop its planned constellation of power-beaming satellites in low Earth orbit (LEO), the first of which could take flight as early as next year.”We’re confident Star Catcher will do for orbital power what SpaceX has done for launch. They’re a proven, veteran commercial space team executing on an audacious vision at high speed,” Andrew Sather, principal at Initialized Capital, which led the seed funding round along with B Capital, said in a statement today (July 24).
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