Star Catcher Industries Raises $65M in Series A Funding

The company plans to use the funding to speed up its orbital power beaming demonstrations, support development of a second orbital mission, and expand its engineering and operations teams to prepare for large-scale grid deployment.

Star Catcher is building a space-based energy network to deliver electricity to satellites and spacecraft via optical power beaming. After a strong seed funding round and growing customer interest, the company achieved a world record in optical power beaming, completed an important on-orbit subsystem test, and validated its full system architecture.

Star Catcher plans to launch the world’s first space-based optical power beaming demonstration later this year. The mission is an important step toward building an energy grid in space that could deliver up to 10 times more power to satellites without requiring special retrofits or custom receivers. It will also be the first in a series of missions to test the technology and prepare it for real-world use.

As the company moves closer to providing on-demand power in space, the new investment will help accelerate development of a second orbital mission and expand engineering and operations teams to support the large-scale deployment of the space power grid.

Star Catcher works with both commercial space companies and U.S. government customers. The company has signed seven power purchase agreements, won several government contracts, and built a commercial pipeline expected to generate more than $3 billion in projected annual recurring revenue.

"This investment underscores the conviction that orbital infrastructure is now as fundamental as terrestrial infrastructure," said Andrew Rush, co-founder and CEO of Star Catcher. "Every major application driving the space economy — connectivity, computing, security, sensing — is power-limited today. Star Catcher is lifting that ceiling — making it possible to build in orbit at the scale the next century of life on Earth will demand." 

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"At B Capital, we focus on scaling technologies to enhance energy infrastructure, and the same dynamics we're seeing on Earth are now playing out in orbit," said Jeff Johnson, General Partner and Head of Energy at B Capital. "There is exploding demand, limited shared infrastructure, and a generational opportunity for the company capable of building the first in-orbit grid. We strongly believe Star Catcher is that company. The traction we've seen thus far speaks for itself, and we're proud to lead this round in support of a team that brings unmatched operational depth to solve this critical challenge."

"Star Catcher is solving the constraint that plagues every space-based mission: power," said John Serafini, Partner at SHIELD. "They've moved from concept to world-record performance to flight hardware on a timeline almost no frontier-tech company achieves, and they're building infrastructure with direct relevance to both commercial operators and the national security community. This is precisely the kind of company SHIELD exists to back."

"Energy and infrastructure resilience are core national and economic priorities on Earth, as in orbit," said General Raymond, Senior Managing Director at Cerberus. "Persistent surveillance, resilient communications, and unhindered maneuverability are all constrained today by power. An on demand power grid can change that, expanding critical capabilities across commercial, and national security missions."

About Star Catcher

Founded in 2024 by Andrew Rush, Michael Snyder, and Bryan Lyandvert, Star Catcher is developing the first power grid in space. The company uses concentrated solar energy beaming technology to deliver power to satellites in orbit without requiring hardware modifications. Its goal is to remove power constraints on spacecraft and enable new capabilities for commercial, government and national security space operations.

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