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Star Catcher just raised $65 million to build the world's first power grid in space — with lasers

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A rendering of Star Catcher's orbital energy grid, which will use optical power beaming to deliver up to 10 times more power on demand to client satellites' existing solar panels, with no retrofit required. (Image credit: Star Catcher Industries) Star Catcher Industries now has a big war chest to help bankroll its big dream — building a power grid in space. The Florida-based space company announced today (May 12) that it has raised $65 million in an oversubscribed "Series A" funding round, bringing its total investment haul to date to $88 million. A rendering of a Star Catcher power-beaming spacecraft transmitting concentrated and conditioned solar energy to client satellites. (Image credit: Star Catcher Industries) "Fundamentally, the vision of Star Catcher is to make it as easy to operate in space as it is to operate terrestrially," company co-founder and CEO Andrew Rush told Space.com.…

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