TechCrunch House: SpaceX alums elevating a large new fund for deep tech and extra

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Howdy, and welcome again to TechCrunch House. The closing agenda for the House Stage at TechCrunch Disrupt is dwell and we’d like to see you there. Come hear the newest and best insights from prime house entrepreneurs and buyers!


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Story of the week

This week I needed to spotlight a brand new startup that’s taking purpose at a know-how that’s been studied for many years however by no means materialized: space-based solar energy.

Aetherflux, rising from stealth Wednesday, says it’s creating a novel design for space-based photo voltaic to unlock this power supply for the primary time. The startup was based by Baiju Bhatt, the co-founder of monetary buying and selling platform Robinhood, who stated he took an interest within the fast commercialization of house. “The thing that’s always been my interest is, how do you bring more capitalism to space?” 

Picture Credit:Aetherflux (opens in a brand new window)

Scoop of the week

In case you’re bullish on exhausting tech as an investing class, then this might be excellent information: I realized this week that Interlagos, the enterprise capital agency began by former senior SpaceX leaders, is trying to increase $550 million for its first enterprise fund.

Potential LPs are little doubt drawn to the bona fides of the founding group, which incorporates Achal Upadhyaya, who was a senior engineer at SpaceX for a decade earlier than main investments in house and protection at Cantos Ventures; Tom Ochinero, a former high-ranking SpaceX government who left the corporate in March after a 10-year stint; and Spencer Hemphill, Interlagos’ CFO, who was a former Sequoia finance chief. 

The SpaceX Falcon 9 rocket launches with the Double Asteroid Redirection Test, or DART, spacecraft onboard.
The SpaceX Falcon 9 rocket launches with the Double Asteroid Redirection Take a look at, or DART, spacecraft onboard.Picture Credit:NASA/Invoice Ingalls

This week in house historical past

This week in “women are awesome” information: 5 years in the past on October 18, NASA astronauts carried out the first-ever all girls spacewalk! Astronauts Jessica Meir and Christina Koch ventured exterior the Worldwide House Station to exchange a defective cost/discharge battery unit. This was Koch’s fourth spacewalk and the primary for Meir.

Meir disregarded the accomplishment on the time, telling then-president Donald Trump, “We don’t want to take too much credit because there have been many others — female spacewalkers — before us,” Houston Public Media reported on the time. “This is just the first time that there have been two women outside at the same time … For us, this is really just us doing our job.”

On the time, 15 girls had participated in 42 spacewalks, with cosmonaut Svetlana Savitskaya making the primary enterprise exterior the station in 1984.

Right here’s some nice footage from the company displaying the spacewalk in motion.

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