Star Catcher has raised a $65M Series A to help fund its first optical power-beaming demo in orbit this year.
Meet Star Catcher: The startup is working to build a power grid in orbit—collecting solar power in space, and beaming it in a more concentrated form to other satellites or spacecraft using their existing solar cell hardware. The goal: to allow smaller spacecraft to take on more power-intensive missions, or save sats where the mission goes awry—such as when one solar array doesn’t deploy.
The round: B Capital led the round, which was co-led by Shield Capital and Cerberus Ventures. GreatPoint Ventures, Helena, Oceans Ventures, and MVP Ventures also contributed to the Series A, which brings Star Catcher’s total capital raised to $88M.
As part of the investment, officials from firms leading or co-leading the round will also join Star Catcher’s board. That includes:
- Cerberus’ John “Jay” Raymond, a retired general who served as the Space Force chief;
- Jeff Johnson, a general partner and global head of energy at B Capital;
- David Rothzeid, a principal at Shield Capital.
While the tech has both commercial and government applications, Star Catcher is aiming to have “deeper engagement with US national security customers,” helped in part by the Series A, according to a company press release.
What’s next: Star Catcher conducted a terrestrial demo in March 2025, beaming solar power across the Florida football field where the Jacksonville Jaguars play.
This year, the company is taking its tech to orbit, with plans to demonstrate its ability to beam power through space this year. A second space mission is also already in development, according to the press release.
Aetherflux Rebrands, Pivots Business—and Raises $275M
To better align with its new business, Aetherflux is rebranding to Cowboy Space Corporation.
Lunar Outpost Closes $30M Series B, Unveils New Rover
The fundraise highlights the huge demand from investors looking to capitalize on NASA’s new vision for the US presence on the Moon.
Astranis Raises $450M+, Including $300M Series E
Snowpoint Ventures and Franklin Templeton co-led the round, which valued the company at $2.8B, according to a source close to the deal.
Scout Space Closes $18M Series A
Plans for expansion include building a new satellite sensor factory outside DC, and nearly doubling Scout’s headcount in the next 18 months.
Fenix Space is one step closer to leaving the world behind.
The CA-based launch startup completed a week-long testing campaign of its Fenix alpha prototype launch vehicle, validating the launcher’s ability to take off and land—without the use of a launch pad.
Hitchhiker’s guide: Fenix Space is hoping to offer customers an alternative to vertical launch at a time when the nation’s spaceports are becoming increasingly congested. Its launch system is designed to reach orbit by first gliding behind a tow aircraft, then detaching and propelling itself the rest of the way.
Keep reading