Get all your news in one place.
100's of premium titles.
One app.
Start reading
Space
Space
Science
Mike Wall

Star Catcher just raised $65 million to build the world's first power grid in space — with lasers

A rendering of Star Catcher's orbital energy grid, which will use optical power beaming to deliver up to 10 times more power on demand to client satellites’ existing solar panels with no retrofit required.

Star Catcher Industries now has a big war chest to help bankroll its big dream — building a power grid in space.

The Florida-based space company announced today (May 12) that it has raised $65 million in an oversubscribed "Series A" funding round, bringing its total investment haul to date to $88 million.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.