Baiju Bhatt Launches Aetherflux

This is a news story, published by MSN, that relates primarily to Bhatt news.

Bhatt news

For more Bhatt news, you can click here:

more Bhatt news

space technology news

For more space technology news, you can click here:

more space technology news

MSN news

For more news from MSN, you can click here:

more news from MSN

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best science news, business news, entertainment news, and much more. If you like space technology news, you might also like this article about

Aetherflux

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest satellites news, investment firm Space Angels news, space technology news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Aether

Insider

•

Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth

Summary

Nutrition label

82% Informative

Baiju Bhatt co-founded Robinhood in 2013 to "democratize finance for all" He stood down as Robinhood 's chief creative officer in March to pursue "other entrepreneurial interests" In October , Bhatt announced he was launching a space startup called Aetherflux.

Bhatt hopes to create a constellation of satellites in low Earth orbit that will collect solar power and beam it down to receptors on Earth using infrared lasers.

Bhatt is worth around $1.7 billion as one of Robinhood 's cofounders.

He's self-funding the project "completely," he told BI .

He named his startup after a 19th-century theory about a pervasive medium called the aether, which physicists believed light traveled through.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language