Back to today’s briefing

Story perspectives

Robinhood Co-Founder Launches $50M Space Solar Power Startup

5/3/2025

43 6

Summary

Story summary

Baiju Bhatt, the visionary co-founder of Robinhood, has unveiled Aetherflux, a groundbreaking startup with a $50 million investment aimed at harnessing space-based solar power. Set for a 2026 demonstration, Aetherflux will utilize infrared lasers to beam energy from satellites to Earth, promising a new era of reliable, renewable energy, starting with military applications.

1 of 1

Story summary

Baiju Bhatt, the visionary co-founder of Robinhood, has unveiled Aetherflux, a groundbreaking startup with a $50 million investment aimed at harnessing space-based solar power. Set for a 2026 demonstration, Aetherflux will utilize infrared lasers to beam energy from satellites to Earth, promising a new era of reliable, renewable energy, starting with military applications.