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Space
Space
Science
Mike Wall

Florida startup Star Catcher snags $12 million to help develop 1st off-Earth energy grid

Earth Michael Snyder Florida LEO United States Redwire SpaceX
Illustration showing seven satellites orbiting earth.

Space-based solar power may not remain a mere sci-fi dream for much longer.

Florida startup Star Catcher Industries just scored $12.25 million in seed funding to develop its planned constellation of power-beaming satellites in low Earth orbit (LEO), the first of which could take flight as early as next year.

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