THE BILLIONAIRE BUILDING SPACE LASERS TO POWER EARTH

Summary from the TLDR newsletter

Aetherflux is a company that aims to harvest solar power in space and beam it back to Earth via laser. It plans to launch a demonstration of its technology in 2026. A solar farm in space would receive sunlight all the time, enabling it to harness more power than on Earth. Aetherflux plans to use infrared lasers to send solar energy from an array of small satellites to a series of small ground stations. The US military might be the first recipient of Aetherflux's space-based power, but the company wants to be a commercially viable operation that can provide clean, affordable power to Americans everywhere.