Tag: Space-Based Solar Power
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Commercial Space Federation Adds Overview Energy, Loft Orbital, and Star Catcher as Associate Members
The Commercial Space Federation (CSF) has welcomed Overview Energy, Loft Orbital, and Star Catcher as new associate members, expanding the organization’s network with companies developing technologies for space-based energy, satellite deployment, and orbital power infrastructure. Astronomy The additions reflect growing industry efforts to build the next generation of commercial space capabilities, ranging from in-orbit energy…
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Star Catcher Raises $65 Million to Advance Space-Based Power Beaming Technology
Star Catcher has raised $65 million in Series A funding to support development of its orbital power-beaming technology and finance its first in-space demonstration mission later this year. The funding round was led by B Capital and co-led by Shield Capital and Cerberus Ventures. Additional investors included GreatPoint Ventures, Helena, Oceans Ventures and MVP Ventures.…
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Overview Energy Secures Air Force SBSP Contract for Remote Bases
Can Space-Based Solar Power Eliminate Military Base Fuel Vulnerabilities? Overview Energy has secured an Air Force contract to develop space-based solar power (SBSP) systems that could eliminate fuel supply vulnerabilities at remote military installations. The award positions the company to demonstrate continuous power delivery from orbital solar arrays, addressing critical logistics challenges where fuel convoys…
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Mantis Space Raises $10 Million to Develop Satellite Solar Power Beaming Technology
U.S. startup Mantis Space has raised $10 million in seed funding to develop technology designed to transmit solar power between satellites in orbit using laser beams. The financing round was led by Rule 1 Ventures with additional participation from Montauk Capital, an incubator backing the company. Mantis Space said the funds will be used to…
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For the first time in decades, Congress seems interested in space-based solar power
As far as legislative moments go, the passage of a minor amendment to an innocuous US House resolution on Wednesday was not exactly groundbreaking. But for space exploration enthusiasts, the amendment offered by US Rep. Kevin Mullin, D-Calif., was kind of a big deal. That’s because, for the first time since the 1970s, the idea…