Space Solar

Space Solar
Description: Space Solar is pioneering the development and commercialization of space-based solar power (SBSP) technology. The company aims to harness solar energy in space and transmit it to Earth, providing a continuous, clean, and scalable energy source to support the transition to net-zero emissions and enhance global energy security.
Vision:
To lead the global energy landscape transformation by providing continuous, weather-independent renewable energy through innovative space-based solar power solutions.
Mission:
To develop and commercialize space-based solar power as an affordable, scalable clean energy technology, aiding the UK and partner nations in achieving sustainable net-zero transitions, ensuring energy security, and improving global quality of life.
Contact:
References:
Total Funding: €16.4 million
Key Milestones:
  • 2022: Space Solar was founded in Didcot, UK, initiating its mission to develop space-based solar power technology.
  • 2024: Successfully demonstrated the world's first 360-degree wireless power transmission using the HARRIER 360 system, marking a significant advancement in SBSP technology.
  • 2024: Signed an agreement with Reykjavík Energy to provide electricity from the first-ever space-based solar power plant, aiming for operational status by 2030 with an initial capacity of 30 MW.
Key People:
Sector:
Products & Services:
  • Space-Based Solar Power Systems: Development of solar power satellites that collect solar energy in space, convert it into microwaves, and beam it to Earth-based receiving stations, delivering uninterrupted renewable energy regardless of weather conditions or time of day.
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