Written By: Chris Young

Aetherflux aims to deploy a space-based solar power satellite constellation to low Earth orbit, as opposed to individual large arrays in geostationary orbit.

A startup founded by a physicist with a background in financial services claims it could revolutionize space-based solar power.

Space-based solar power (SBSP) seems to be perennially stuck in the early development phase. However, private firm Aetherflux believes its new approach could make the technology much more scalable and affordable than other early concepts.

Earlier this month, Aetherflux announced it plans to develop and launch a constellation of satellites that will beam solar power back to Earth using infrared lasers.