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By Alex Kimani of Oilprice.com
Two months ago, we reported that Baiju Bhatt, one of the co-founders of the investing app Robinhood, debuted space solar power company Aetherflux. The startup plans to build a constellation of Low-Earth Orbit (LEO) satellites that will use infrared lasers to transmit power to small ground stations on Earth.
The startup notes that space solar power can revolutionize energy distribution, especially where delivering power is expensive, challenging, or dangerous. Powering hard-to-reach places like remote military bases, islands, or areas hit by disasters unlocks new capabilities and advantages for our country.