TerraSpark Secures €5 Million to Scale Space-Based Solar Energy Infrastructure

TerraSpark, a Luxembourg-based space-tech leader, has announced a successful €5.7 million pre-seed funding round led by Daphni and Sake Bosch. The capital will accelerate the development of radio frequency-based wireless energy transmission aimed at solving Europe’s growing power crisis. This technology intends to provide clean and constant solar energy by capturing it in orbit and beaming it to Earth, bypassing the limitations of weather and time of day.

European energy grids are currently facing immense pressure as infrastructure reaches its limits and demand from energy-intensive AI data centers continues to surge. The International Energy Agency predicts that power needs for data centers will double by 2030, making traditional terrestrial transmission methods increasingly insufficient. TerraSpark aims to address these bottlenecks by creating a global energy layer in the sky that can deliver power wherever it is most needed.

By leveraging orbital solar arrays, the company captures sunlight where it is most intense and transmits it via steerable radio waves to ground-based receivers. Their services integrate advanced computational models to optimize radio frequency beam steering, ensuring that energy is delivered with pinpoint accuracy to specific ground targets. This infrastructure is specifically designed to support the massive energy appetite of next-generation AI applications and remote industrial sites.

Instead of focusing solely on distant space missions, the team is executing an "Earth-first" commercialization strategy to generate near-term revenue. They are initially deploying wireless power transmission for terrestrial industrial applications and live events to prove safety and efficiency. This phased approach allows the company to validate the technology and satisfy regulatory requirements before launching their first orbital demonstrator in 2027.

The founding team combines deep expertise from the European Space Agency with experience from some of Europe’s most successful tech platforms. CTO Dr. Sanjay Vijendran previously led the ESA Solaris program, while CEO Jasper Deprez and COO Matthias Laug bring extensive experience in scaling global corporations. Their collective background bridges the gap between complex aerospace engineering and agile commercial execution.

Looking forward, the company expects to achieve its first space-to-Earth power transmission milestone by 2028. This will pave the way for a full satellite constellation capable of providing a continuous energy supply worldwide by the early 2030s. More information on their vision for renewable energy can be found at terraspark.energy.