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California Startup Aetherflux Raises $50M for Space Solar Power

4/7/2025

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Story summary
  • Aetherflux, a groundbreaking California startup led by Baiju Bhatt, has raised $50 million in Series A funding to pioneer space solar power technology. By harnessing infrared lasers to transmit solar energy from low Earth orbit, this venture promises to diminish our dependence on conventional energy sources and could transform renewable energy delivery worldwide, with potential military applications.