Energy Security

Aetherflux, a California startup led by Robinhood co-founder Baiju Bhatt, is developing space-based solar power. They plan to launch satellites equipped to transmit power via infrared lasers to Earth-based ground stations. Initially targeting the U.S. Department of Defense, Aetherflux aims to provide secure and reliable battlefield power, backed by investors like Breakthrough Energy Ventures. While currently expensive, advancements and scaling are expected to reduce costs, making space-based solar power an economically viable energy alternative. Other companies and countries like China are also pursuing this technology.

On September 12, 2025, Cameco announced a long-term agreement to supply Slovenské elektrárne (SE) of Slovakia with natural uranium hexafluoride (UF₆) from 2028 through 2036. Cameco will provide both uranium ore and conversion services for SE’s Bohunice and Mochovce nuclear facilities. The agreement secures a diversified and reliable fuel source for Slovakia, enhancing its energy security. Analysts highlight the deal’s strategic importance amidst growing demand for uranium and renewed interest in nuclear power.