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RESEARCH NOTE // 30 AUG 2026

ORBITAL
ENERGY

Who is building power transmission through orbit, how the architectures differ, and where the market stands today.
ENERGY × ORBIT × SETTLEMENT // FUND THE DEEP SPACE
Contents

Four architectures

01 // RF / MICROWAVE
Space solar power → rectenna

Orbital solar collectors convert electricity to RF energy and beam it to a ground rectenna. The utility-scale path pursued by several long-horizon programs.

02 // LASER DOWNLINK
Space solar power → optical receiver

Near-infrared transmission uses smaller apertures and receivers, with tighter pointing and atmospheric constraints.

03 // SPACE-TO-SPACE
Satellite → satellite

Power is generated on one spacecraft and delivered optically to another. Energy becomes an orbital service purchased on demand.

04 // REFLECTED SUNLIGHT
Orbital mirror → terrestrial solar asset

Mirrors redirect sunlight to existing solar farms, extending useful generation around dawn, dusk or night.

Who is building it

ORBITAL DEMONSTRATION

Caltech SSPP

MAPLE demonstrated wireless power transfer in space and detected transmitted power on Earth.

MICROWAVE / GEO

Space Solar

UK company developing the CASSIOPeiA architecture for grid-scale power.

COMMERCIAL SIGNAL

Overview Energy

Developing optical space solar power and future contracted delivery.

ORBITAL GRID

Star Catcher

Building a space-to-space optical energy grid for spacecraft.

REFLECTED SUNLIGHT

Reflect Orbital

Developing orbital reflectors to extend sunlight at terrestrial solar sites.

STATE PROGRAM

China / Xidian / CAST

Long-horizon space solar power work plus increasingly capable ground microwave transmission experiments.

LONG-RUN R&D

JAXA

Decades of microwave and laser wireless power transmission research.

MODULAR SBSP

Virtus Solis

Modular orbital solar arrays with microwave delivery.

DEFENSE / REMOTE POWER

Aetherflux + AFRL / NRL

Commercial and government power-beaming programs aimed at remote and space applications.

People shaping the field

Andrew RushStar Catcher, co-founder and CEO.
Paul JaffeUS space solar power and power-beaming researcher.
Ben NowackReflect Orbital, founder and CEO.
John BucknellVirtus Solis, founder and CEO.
Sergio PellegrinoCaltech SSPP.
Harry AtwaterCaltech SSPP.
Ali HajimiriCaltech MAPLE and phased arrays.
Martin SoltauSpace Solar.

The evidence ladder

PAPER → GROUND TEST → ORBITAL HARDWARE → POWER TRANSFER → CUSTOMER AGREEMENT → FINANCEABLE CAPACITY → OPERATING ENERGY MARKET

Caltech has crossed the orbital power-transfer threshold. Commercial actors are beginning to cross into contracted future demand. A mature continuously operating utility-scale orbital energy market does not yet exist.

The SpaceBank layer

Once orbital energy becomes measurable, schedulable and contractible, finance can attach to future delivered energy, beam time, receiver capacity, orbital generation rights and verified link performance.

POWER PURCHASE AGREEMENT

Finance generation capacity against contracted future orbital kWh.

BEAM-TIME RIGHTS

Reserve time, geometry and power on an orbital transmission network.

DELIVERED-kWh SETTLEMENT

Meter energy at the receiver and settle against verified delivery.

INSURANCE + COLLATERAL

Finance spacecraft, receivers and revenue streams against mission and performance risk.

When machines can buy energy from machines, power transmission, telemetry, settlement and finance become one autonomous market.

Primary source ledger

  1. Caltech Space Solar Power Project / MAPLE.
  2. Space Solar / CASSIOPeiA.
  3. Overview Energy technical and commercial materials.
  4. Star Catcher Industries technology and customer announcements.
  5. Reflect Orbital technical and regulatory materials.
  6. Xidian University / Chinese microwave power transmission research.
  7. JAXA Space Solar Power Systems research.
  8. Virtus Solis architecture.
  9. US Naval Research Laboratory power-beaming research.
  10. US Air Force Research Laboratory SSPIDR / Arachne.
  11. ESA SOLARIS studies.
  12. Aetherflux public technical materials.
STATUS NOTE. Orbital Energy is a research and market map. Demonstrations, commercial agreements and proposed systems are at different maturity levels. Financing requires independent technical verification, licensing, insurance and enforceable contracts.