Terraspark S.à r.l.

Based in Luxembourg and founded in 2025 by CEO Jasper Deprez, COO Matthias Laug, and CTO Sanjay Vijendran, TerraSpark S. à r. l. provides space‑based solar power systems and wireless energy transmission from orbit.

In January 2026, the company closed a Euros 5 million pre-seed funding round co-led by new investors Daphni and better ventures, with participation from other new investors and Hans(wo)men Group, Luxembourg Business Angel Network, Karaoke Club and Anti Ordinary Ventures along with other unspecified and individual investors. The company develops space-based solar power systems designed to deliver continuous, carbon-free electricity from orbit to Earth. The company’s core offering centers on satellites that capture solar energy in space and transmit it wirelessly using low-density radio-frequency technology. In addition, the company engages in research and development partnerships with aerospace partners, research institutions, and mission integrators to support the advancement and validation of space-based solar power technologies.

Terraspark plans to use its proceeds from January 2026 funding to support its development of space‑based solar power technology, enabling early validation of wireless energy transmission on Earth and advancing toward scalable, weather‑independent energy generation to address long‑term grid capacity and energy resilience challenges.