Billionaire Robinhood Co-Founder Eyes Solar from Space

Barchart · 10/14 15:02
Baiju Bhatt, one of the co-founders of the investing app Robinhood, has debuted the space solar power company Aetherflux. The startup plans to build a constellation of Low-Earth Orbit (LEO) satellites that will use infrared lasers to transmit power to small ground stations on Earth. However, the company has not divulged the specifics about its satellite plans.  “Space solar power can revolutionize energy distribution, especially where delivering power is expensive, challenging, or dangerous. Powering hard-to-reach places like remote…