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1 day ago · Sources: Aetherflux, founded by Robinhood co-founder Baiju Bhatt to develop orbital data centers, aims to raise $250M to $300M in a Series B at a $2B valuation — Aetherflux, led by Robinhood co-founder Bai...
Aetherflux’s approach uses many small satellites to transmit power through infrared lasers, allowing high power density and small ground stations. We will deliver power to where it is needed most.
In March 2024, Bhatt stepped down from his role at Robinhood to focus on an unnamed company, eventually revealing itself as Aetherflux. His interest in space stemmed from his father’s work as a scientist at NASA ’s La...
Jan 12, 2026 · Emerging from stealth in October 2024, Aetherflux was founded by Baiju Bhatt, cofounder of Robinhood, in San Carlos, CA. Aetherflux is building a space-based wireless power transmission grid and a netwo...
Sep 30, 2025 · In addition to Breakthrough, Aetherflux is backed by Index Ventures, Andreessen Horowitz and New Enterprise Associates. Its total funding so far is $60 million. Bhatt said the technology is...
Apr 4, 2025 · Aetherflux is drawing on engineers and researchers with backgrounds in NASA/JPL, SpaceX, Lockheed Martin, Anduril and the U.S. Navy. Bhatt said the company seeks to build small, portable ground stations ...
Sep 1, 2025 · In March 2024, Bhatt stepped down from his executive role at Robinhood to dedicate his full attention to Aetherflux, signaling a significant commitment to this new venture while remaining on Robinhood’s ...