Scarcely five months after its founding, hard tech startup Layup Parts has landed a $ 9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack also participated. The breakneck pace is more than a subtle indication that investors’ appetite for tech-focused solutions to the woes of the American industrial […]
Orbital Composites and Virtus Solis team up for space-based solar power mission
Advanced manufacturing startup Orbital Composites is teaming up with Virtus Solis Technologies to conduct a space-based solar power demonstration as soon as 2027. The two companies say the mission will be a precursor to an in-space “megawatt-class” solar power installation by 2030, which could mark “a new chapter in renewable energy.” Space-based solar power (SBSP) is […]