Space solar startup Aetherflux raises $50M to launch first space demo in 2026

Quick Summary:

Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026.

A satellite bus is the core structure and system of a satellite that provides essential functions for its operation, like power, propulsion, and communications.

It’s an idea that was initially triggered by Isaac Asimov’s 1941 short story “Reason.” Bhatt is focused on turning this science fiction-inspired concept into reality.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United States

Topics: Space solar Space Climate Aetherflux

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 21:07:39 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27548694

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