Robinhoods Baiju Bhatt has a brand-new mission: solar power from space.Fresh off a $50 million Series A raise, Robinhood co-founder Baiju Bhatt is going all-in on space-based solar energy.
His new startup, Aetherflux, wants to introduce solar power-collecting satellites into low Earth orbit, with a demonstration flight set for 2026, and to transmit clean energy back down to Earth.Bhatt took a seat with Rebecca Bellan on A Technology NewsRooms Equity podcast to talk about his dive from fintech to frontier tech, what it requires to build a deep tech company from the ground up, and where financier interest in the space economy stands in 2025.
Listen to the complete episode to hear more about: Why Bhatt thinks now is the time for space-based solarHow Aetherflux is thinking about fundraising and scalingAnd Bellan and Bhatts idea for a Burning Man light program (yes, actually)Bhatt also joined us on stage at StrictlyVC Menlo Park last month and if you missed it, dont stress.
StrictlyVC is coming to Palo Alto; you can join the waitlist here.Equity will be back tomorrow with an unique rundown ahead of the vacation here in the U.S., so stay tuned!Equity is A Technology NewsRooms flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.Subscribe to us onApple Podcasts, Overcast, Spotifyand all the casts.
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