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What will be the primary source of funding for Aetherflux's first satellite launch by December 31, 2025?
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Resolution / Starting Odds
Venture capital • 25%
Government grants • 25%
Corporate partnerships • 25%
Crowdfunding • 25%
Funding announcements from Aetherflux or credible financial news sources detailing the funding sources
Story
Robinhood Co-Founder Baiju Bhatt Launches Space-Laser Solar Company Aetherflux
Oct 9, 2024, 05:34 PM
Baiju Bhatt, the billionaire co-founder of Robinhood, has launched a new Silicon Valley startup named Aetherflux. The company aims to build a network of solar power stations in orbit, using small satellites to transmit power through infrared lasers. This space-laser technology is expected to provide high power output with small ground stations, making it particularly useful in hard-to-reach places. Bhatt's ambitious project seeks to source renewable energy from space, with plans to build a constellation of satellites that can beam energy to the Earth's surface. However, challenges such as astronomical capex, power losses along the way, and potential interference from clouds remain.
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