Terraspark S.à r.l.

Based in Luxembourg, TerraSpark S. à r. l. specializes in innovative space-based solar power solutions, providing sustainable energy through advanced technology that captures solar energy from orbit and delivers it wirelessly to Earth.

Founded in 2025 and headquartered in Luxembourg, TerraSpark S. à r. l. is focused on developing space-based solar power technology.

The company has completed one deal to date, with its most recent funding round occurring on January 30, 2026. This round raised EUR 5 million, with key investors including Daphni, better ventures, and the Luxembourg Business Angel Network. TerraSpark specializes in space-based solar power (SBSP) technology, enabling the harvesting of solar energy from space and its wireless transmission to Earth. Their core offerings include solar energy capture systems in orbit that utilize rectennas to convert low-density radiowaves into usable electricity.

This technology provides a constant power supply, unaffected by terrestrial weather, serving remote communities, disaster-affected areas, and critical infrastructure. The company aims to deploy its SBSP solutions primarily in Europe, with potential global applications. TerraSpark's revenue model is based on providing scalable and reliable energy solutions via its SBSP technology, typically through partnerships and direct contracts with governmental and commercial entities. Their offerings align with long-term energy contracts, ensuring clients have a continuous power supply from space.

While specific pricing details are undisclosed, they are competitive within the renewable energy sector, aiming to serve both business-to-business and direct-to-consumer markets. Following its recent funding round on January 30, 2026, where TerraSpark raised EUR 5 million for its SBSP technology development, the company plans to enhance its capabilities for continuous energy generation. It aims to expand its market presence into new geographical regions beyond Europe. The funding will be utilized for advancing technology and scaling operations to meet the energy demands of diverse sectors.