Star Catcher<\/b>, the startup led by former Made in Space and Redwire executive Andrew Rush, has raised $65 million to fuel its plans to build a power grid in space. <\/p>\n
Star Catcher announced the oversubscribed Series A funding on Tuesday, led by B Capital<\/strong> and co-led by Shield Capital<\/strong> and Cerberus Ventures<\/strong>. Other investors included GreatPoint Ventures<\/strong>, Helena<\/strong>, Oceans Ventures<\/strong>, and MVP Ventures<\/strong>. <\/p>\n This brings Star Catcher\u2019s total funding raised to $88 million, after a $12.25 million seed round announced in 2024. <\/p>\n Retired Gen. John \u201cJay\u201d Raymond, who served the first Chief of Space Operations of the United States Space Force and is now a senior managing director for Cerberus, is joining Star Catcher\u2019s board. <\/p>\n Star Catcher is working to build satellites to function as a shared power grid in space, sending electricity on demand to satellites using optical power beaming. The company has demonstrated the power beaming technology on Earth, and is working toward a space-based optical power beaming demonstration later this year.<\/p>\n Star Catcher CEO and co-founder Andrew Rush told Via Satellite he sees power as a fundamental infrastructure need in space, similar to transportation and telecommunications. <\/p>\n \u201cWe are in the second golden age of space and to really realize the potential that exists here, we need to provide the same kinds of fundamental infrastructure in space that exists terrestrially, that enable us to live and work and play,\u201d Rush said. \u201cWe need a power grid in space that is mobile and adaptable to be able to provide satellites power when they need it \u2014 to supercharge them, to extend the lifetime, to break that power budget, and provide power abundance.\u201d <\/p>\n Andrew Rush will be the guest on next week\u2019s On Orbit podcast episode. Subscribe to On Orbit here<\/i>. <\/i><\/p>\n","protected":false},"excerpt":{"rendered":" Star Catcher, the startup led by former Made in Space and Redwire executive Andrew Rush, has raised $65 million to fuel its plans to build a power grid in space. Star Catcher announced the oversubscribed Series A funding on Tuesday, led by B Capital and co-led by Shield Capital and Cerberus Ventures. Other investors included […]<\/p>\n","protected":false},"author":1,"featured_media":47003,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-47002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47002"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=47002"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/47003"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=47002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=47002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=47002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}