Star Catcher Industries, Inc.
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Star Catcher Industries, Inc. - overview
Established
2024
Location
Jacksonville, FL, US
Primary Industry
Aerospace
About
Founded in 2024 and based in Florida, US, Star Catcher Industries, Inc. operates as a space-based energy generation company. The company was founded by its CEO, Andrew Rush, and CTO Michael Snyder. In July 2024, Star Catcher Industries, Inc.
raised USD 7. 25 million in seed funding co-led by Initialized Capital and B Capital Group, with participation from Rogue VC. The seed funding values Star Catcher Industries, Inc. at USD 30.
65 million post-money. Star Catcher's primary product includes a space-based energy grid, which is an orbital infrastructure that allows spacecraft to receive power from a network of solar-powered satellites, which eliminates the need for individual spacecraft to carry and maintain their own power systems. The firm’s space-based energy grid consists of power satellites, which collect solar energy and transmit it to other spacecraft. The company provides a network of satellites designed to transmit power to other spacecraft in Low Earth Orbit (LEO).
The company plans to utilize the funding raised in July 2024 to further develop its power-beaming services for commercialization.
Current Investors
Initialized Capital, Rogue Venture Partners, B Capital
Primary Industry
Aerospace
Sub Industries
Aerospace
Website
www.star-catcher.com
Company Stage
Angel & Seed
Total Amount Raised
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