Aetherflux

Aetherflux is an American renewable energy company founded by Baiju Bhatt, the co-founder and former co-chief executive officer of Robinhood.

[2] In March 2024, Bhatt stepped down from his role at Robinhood to focus on an unnamed company, eventually revealing itself as Aetherflux.

[3] The approach differs from those explored by governments and universities, and calls for transmission via infrared lasers instead of microwaves.

[6][4] Space-based solar power can be traced back to science fiction writer Isaac Asimov’s 1941 short story, Reason, while the name of the company was inspired by the idea of aether theories.

[7][better source needed] Later in the month, the company announced that Daniel M. Gallagher, the former chief legal officer of Robinhood Markets, joined Aetherflux as an advisor.