NewSpace AtlasSearch

Overview Energy

Virginia startup planning satellites in high orbit that collect sunlight and beam it as near-infrared light onto existing solar farms, so they keep producing at night. It has beamed power from an airplane and plans a space test in 2028. (1 product in the atlas)

Payload reported $20 million raised as of December 2025 with no round breakdown or investors, so no funding round is listed.

Products, by altitude

Low Earth orbit · 160–2,000 km

  • In development

    Space power system

    Planned satellites that beam sunlight to solar farms on Earth

Known rounds

DateRoundAmount
Jun 2024Equity (Form D, round label undisclosed)$11.7M⁠1
Sep 2022Equity (Form D, round label undisclosed)$6.8M⁠2

Milestones

  • Jul 2026 Breaking Defense reported a May 2026 Air Force study contract (under $1 million) on military uses of space solar power, and an April 2026 agreement with Meta to partner on a 2028 in-orbit demonstration.⁠3
  • Dec 2025 Came out of stealth after beaming power from a moving aircraft to ground solar panels about three miles below. Company statement⁠4

Sources

  1. SEC EDGAR Form D/AOct 1, 2024
  2. SEC EDGAR Form DOct 11, 2022
  3. Breaking DefenseJul 9, 2026
  4. PayloadDec 10, 2025

Updated Oct 22, 2026 · How we source facts · Suggest a correction