Author: MAggie Smith

Beaming solar power from space to Earth is becoming practical

In the near future, solar power collected in space and beamed down to Earth could power military and civilian installations, vehicles and devices in remote places across the globe. The foundational technology is already in hand, and the first small-scale demonstration project will be ready for launch in 2023, thanks to a broad collaboration between […]
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SolAero raises $11M in facility sale-leaseback deal

SolAero Technologies Corp. raised $11 million in a sale-leaseback deal that sold about half the company’s 100,000-square-feet of space at the Sandia Science and Technology Park to an affiliate of Pontus Capital. The transaction allows SolAero, which makes robust solar cells and panels for spacecraft, to remain in place under a long-term lease agreement with […]
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