Space power beaming
Laser (and some microwave) power beaming is moving from ground records to the first in-orbit tests, led by Star Catcher's Protostar (launched 1 Oct 2026).
- Bear
- Not dated
- $1.3B by 2035
The callAn orbital power grid is physically possible now, but almost every spacecraft can fit a bigger array and battery for less; the paying market barely exists.
- D1Compute and industry start moving into orbit: Cowboy Space pivoted to orbital datacentres at a $2B valuation, and lunar bases and drone fleets need power in shadow.
- D2Defence money and the first orbit tests: DARPA put 800W across 8.6km and Star Catcher launched Protostar on 1 Oct 2026.
- R1Most spacecraft can fit a bigger array and battery for less than about $400/kWh delivered, and megaconstellations make their own power.
- R2Beamed power comes off another satellite's array at 10-30% end to end, and tokens from orbit cost about 8x Earth on flown hardware, 2x with free launch.
- R3No acquisition of a beaming company is on record, and Energous, the only listed wireless-power company, is worth $59.6M on $10.5M of revenue.
- C1Star Catcher's Protostar completes the first power transfer between two free-flying spacecraft, with watts and range disclosed.30 Jun 2027
- 1Star Catcher (or any company) publishes a successful power transfer between two free-flying spacecraft, with delivered power and range disclosed, by 30 Jun 2027.Jun 2027 · open
- 2A US DoD or Space Force procurement (not R&D) for in-orbit power delivery as a service is awarded by end-2028.Dec 2028 · open
- 3A US DoD or Space Force procurement, not R&D, for in-orbit power as a service.Dec 2028 · open
- 4No space power-beaming company reports more than $10M a year of revenue from selling power by end-2029.Dec 2029 · open
- 5Any beaming company passes $10M a year from selling power; a paid contract from an independent operator would promote it.Dec 2029 · open
- AIR.PAAirbus SE
- fair
- LDO.MILeonardo S.p.a.
- fair
- PLPlanet Labs
- expensive
- RDWRedwire
- full
- NOCNorthrop Grumman
- not screened
- RTXRTX
- not screened
- 7011.TMitsubishi Heavy Industries
- not screened
- 9432.TNTT
- not screened
Private · 9 private companies, 6 of them in the US; none in continental Europe.
Star Catcher Industries · Aetherflux · Overview Energy · PowerLight Technologies · Volta Space Technologies · TerraSpark · Virtus Solis · Emrod · Reach Power
4 more private companies tracked, not shown
$114M raised by 5 companies, $79M of it in the last three years. Wave building: Money is arriving: recent rounds and tier-1 funds are in, but no runaway leader yet.
Backed by a top-tier venture firm: Overview Energy. Backed by a strategic investor: TerraSpark.
- $88MStar Catcher Industries
- Founded 2024
- $20MOverview Energy Seed $20M (Lowercarbon Capital, Prime Movers Lab)
- $6MTerraSpark Pre-seed, Mar 2026 $6M (Daphni, Sake Bosch, better ventures)
- ·Volta Space Technologies Rounds not itemised
- ·Virtus Solis Seed, Mar 2024 (URBAN-X)
- 7 Oct 2026Power beaming between spacecraft has its first in-orbit test this month, but the market for buying power in orbit still looks like a few hundred million dollars at the end of the decade.
Show the reading
- 13 Oct 2026Transporter-18 flew 1 Oct 2026 with Protostar, Google Suncatcher and Cowboy Reason-1 aboard; no Protostar result public as of 13 Oct 2026
- 13 Oct 2026Laser Power-Beaming System Market Research Report 2034 (Market Intelo) — report-mill forecast
- 13 Oct 2026Wireless Power Transmission Market to 2035 (MarketsandMarkets) — scope is consumer/EV inductive charging, not beaming
- 13 Oct 2026Energous (Nasdaq: WATT) market cap and TTM revenue, 12 Oct 2026 close — the only listed wireless-power pure play
- 13 Oct 2026Novaspace: 43,000 satellites to be built and launched over 2025-2034, two-thirds in five megaconstellations (via Payload)
- 13 Oct 2026BryceTech, Smallsats by the Numbers 2026: 4,466 smallsats launched in 2025, 79% LEO broadband megaconstellations
- 13 Oct 2026Space-qualified solar array cost per watt: Starpath $9.81-11.20/W vs a $75-250/W industry claim; DOE 2035 target <$10/W