Space solar power startup Aetherflux, founded by Robinhood co-founder Baiju Bhatt, is reportedly raising a $250-350 million Series B round at a $2 billion valuation. The company has pivoted from beaming power to Earth to focusing on powering space-based data centers for AI, with its first data center satellite expected in 2027. This reflects a broader industry trend of developing distributed computing architectures in space.
Background
Aetherflux is a space solar power startup founded in 2024 by Robinhood co-founder Baiju Bhatt, initially focused on transmitting solar power from space to Earth via lasers. The space industry is increasingly exploring orbital data centers and distributed computing architectures.
- Source
- TechCrunch
- Published
- Mar 28, 2026 at 01:05 AM
- Score
- 6.0 / 10