Get the latest tech news

Space solar startup Aetherflux raises $50M to launch first space demo in 2026


Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50 million in a Series A round as it works

Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026. Bhatt said his team, which is made up of engineers and researchers from NASA, SpaceX, Lockheed Martin, Anduril, and the U.S. Navy, is also working on building out Aetherflux’s first ground station. Aetherflux’s raise comes off the back of an award from the Department of Defense’s Operational Energy Capability Improvement Fund to develop space solar power for the U.S. military.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Space

Space

Photo of Aetherflux

Aetherflux

Photo of space demo

space demo

Related news:

News photo

China Is Building a Solar Station in Space That Could Generate Practically Endless Power

News photo

Company aims to develop an “aircraft carrier” in space for military satellites

News photo

Doge cuts allow to cash in with SpaceX and Starlink contracts, ex-workers warn | Tech CEO accused of aiming to privatize space and satellite operations as federal agencies reportedly seek contracts