Wireless Power Transmission

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.