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Story of the week
This week I wished to spotlight a brand new startup that’s taking purpose at a know-how that’s been studied for many years however by no means materialized: space-based solar energy.
Aetherflux, rising from stealth Wednesday, says it’s creating a novel design for space-based photo voltaic to unlock this vitality supply for the primary time. The startup was based by Baiju Bhatt, the co-founder of monetary buying and selling platform Robinhood, who stated he got interested within the speedy commercialization of area. “The factor that’s all the time been my curiosity is, how do you carry extra capitalism to area?”
Scoop of the week
If you happen to’re bullish on laborious tech as an investing class, then this will probably be superb information: I discovered this week that Interlagos, the enterprise capital agency began by former senior SpaceX leaders, is seeking to increase $550 million for its first enterprise fund.
Potential LPs are little question drawn to the bona fides of the founding staff, which incorporates Achal Upadhyaya, who was a senior engineer at SpaceX for a decade earlier than main investments in area and protection at Cantos Ventures; Tom Ochinero, a former high-ranking SpaceX government who left the corporate in March after a 10-year stint; and Spencer Hemphill, Interlagos’ CFO, who was a former Sequoia finance chief.
This week in area historical past
This week in “ladies are superior” information: 5 years in the past on October 18, NASA astronauts performed the first-ever all ladies spacewalk! Astronauts Jessica Meir and Christina Koch ventured exterior the Worldwide House Station to switch a defective cost/discharge battery unit. This was Koch’s fourth spacewalk and the primary for Meir.
Meir dismissed the accomplishment on the time, telling then-president Donald Trump, “We don’t need to take an excessive amount of credit score as a result of there have been many others — feminine spacewalkers — earlier than us,” Houston Public Media reported on the time. “That is simply the primary time that there have been two ladies exterior on the identical time … For us, that is actually simply us doing our job.”
On the time, 15 ladies had participated in 42 spacewalks, with cosmonaut Svetlana Savitskaya making the primary enterprise exterior the station in 1984.
Right here’s some nice footage from the company exhibiting the spacewalk in motion.
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