Reported about 12 hours ago
Baiju Bhatt, co-founder of Robinhood, is venturing into the space industry with his new company, Aetherflux, aiming to revolutionize energy by beaming solar power from space. With $60 million in funding and a focus on national defense applications, Bhatt plans to demonstrate satellite technology that utilizes fiber lasers to deliver energy to the ground with precision. His innovative approach could transform renewable energy distribution and provide significant military advantages, while also addressing broader energy needs.
Source: YAHOO