Star Catcher Just Raised $65 Million to Build the World's First Power Grid in Space — with Lasers

Star Catcher CEO on allocating $65 million Series A

Star Catcher CEO Andrew Rush on how it will allocate $65 million in Series A

Star Catcher Raises $65 Million to Build First Power Grid in Space

Florida-headquartered Star Catcher Industries said it has raised $65 million in an oversubscribed Series A funding round, as the company continues its effort toward building the first space-based power grid. Star Catcher, based in Jacksonville, said the new investment—led by B Capital and co-led by Shield Capital and Cerberus Ventures, the venture arm of Cerberus […] The post Star Catcher Raises $65 Million to Build First Power Grid in Space app…

Star Catcher raises $65 million for space power grid

Star Catcher Industries, a company developing power-beaming technology for satellites, has raised $65 million to validate the technology in space.

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

Star Catcher Industries just raised $65 million to build a constellation of power-beaming satellites, which the Florida company thinks will supercharge the off-Earth economy.

Star Catcher raises $65 million to build the first power grid in space

Star Catcher raises $65 million to build the first power grid in space

Star Catcher Closes $65M Series A

Star Catcher has raised a $65M Series A to help fund its first optical power-beaming demo in orbit this year. Meet Star Catcher: The startup is working to build a power grid in orbit—collecting solar power in space, and beaming it in a more concentrated form to other satellites or spacecraft using their existing solar cell hardware. The goal: to allow smaller spacecraft to take on more power-intensive missions, or save sats where the mission goe…