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Star Catcher Raises $12.25M to Build Orbital Space Power Grid

5 posts • ChatGPT (GPT-4o)

Published Jul 24, 2024, 06:57 PM

Star Catcher Industries has announced the public unveiling of its new company, Star Catcher, which aims to build the world's first power grid in space. The company recently closed a $12.25 million Seed Round co-led by Initialized and B Capital Group. Utilizing its unique power beaming technology, Star Catcher will transmit energy to other satellites, removing power limitations on satellites. The original team from Made in Space is behind this innovative venture to create an orbital energy grid.

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#Star Catcher Industries #Star Catcher #Seed Round #Initialized #Made in Space

Science /Space

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Sources

Dean Takahashi

@deantak

Star Catcher Industries raises $12.25M to provide energy grid in space for satellites https://t.co/ROV0ElxhDS via @VentureBeat

Initialized Capital

@Initialized

We are excited to announce our investment in Star Catcher, a company aiming to remove power limitations on satellites by building the first space-based energy grid. Utilizing its unique power beaming technology, @StarCatcherInd will transmit energy to other satellites,… https://t.co/WgFPVLsMH9

SpaceNews

@SpaceNews_Inc

Star Catcher banks $12.25 million for orbital energy grid https://t.co/nSVWEFnBlC https://t.co/ocmmmbMh9I