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Startup Mantis Space Plans Laser-Powered Satellite Energy by 2028

3/14/2026

Summary

Story summary

Mantis Space, a New Mexico startup, announced plans to deliver sunlight to satellites in orbit via military-grade lasers to transmit energy, addressing power shortages when satellites are in Earth's shadow.
The company secured $10 million in seed funding to develop a satellite constellation.
The method provides energy that is 20–30% more efficient than direct sunlight.
CEO Eric Truitt plans a 2028 prototype to power up to 40 satellites simultaneously.

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Story summary

Mantis Space, a New Mexico startup, announced plans to deliver sunlight to satellites in orbit via military-grade lasers to transmit energy, addressing power shortages when satellites are in Earth's shadow.
The company secured $10 million in seed funding to develop a satellite constellation.
The method provides energy that is 20–30% more efficient than direct sunlight.
CEO Eric Truitt plans a 2028 prototype to power up to 40 satellites simultaneously.