Aetherflux Ventures into Space-Driven Energy Solutions

Baiju Bhatt, known for co-founding Robinhood, is embarking on a new venture through Aetherflux, a company aimed at launching satellites with solar panels into orbit to wirelessly transmit power globally. This innovative approach seeks to address global energy distribution challenges by harnessing solar energy continuously available in space, overcoming storage and delivery difficulties experienced on Earth. Index Ventures, recognizing Bhatt's entrepreneurial prowess and deep understanding of complex, regulated industries, is supporting Aetherflux. The mission of Aetherflux is both ambitious and critical, as it aims to transform energy access, providing solutions to persistent issues of energy availability, especially in remote and disaster-stricken areas.