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Aetherflux Secures $250M-$350M Funding for Space Data Centers

Published 2 weeks, 1 day ago
Description

Aetherflux, the space solar power company founded by Robinhood co-founder Baiju Bhatt, is in talks for a Series B funding round, potentially valuing the company at $2 billion. The startup has shifted its focus to powering data centers in orbit, moving away from its initial laser-based Earth power transmission plan. With SpaceX and Blue Origin also exploring space computing, Aetherflux plans to test laser power tech on a satellite from Apex Space, aiming to launch its first full data center satellite by 2027. The company faces challenges in proving the viability of space-based power.

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