Star Catcher Industries has raised $65 million to help fund its mission of building the first power grid in space.
Founded less than two years ago, Star Catcher is developing a space-based energy infrastructure layer that delivers electricity on demand to satellites and other spacecraft using optical power beaming. The company said it recently set the world record for optical power beaming, completed a critical on-orbit subsystem demonstration and validated its end-to-end system architecture. The new funding positions Star Catcher to move from validated technology to scalable infrastructure.
Star Catcher will launch the first-ever space-based optical power beaming demonstration later this year. The mission marks a foundational step toward constructing the first energy grid in space — built to deliver up to 10x more power to satellites with no retrofit or custom receiver required — and the first of a series of flight missions designed to progressively retire technical risk and deploy operational capability.
Star Catcher's customer base spans commercial space operators and U.S. Government stakeholders. The company has signed seven power purchase agreements, secured multiple government contracts, and is managing a qualified commercial pipeline representing more than $3 billion in projected annual recurring revenue. The Series A will fund continued commercial expansion alongside deeper engagement with U.S. national security customers.
Star Catcher transfers energy down Space Florida’s Launch and Landing Facility to commercial off-the-shelf solar panels commonly found on spacecraft.Star Catcher
