Tag: Eric Truitt
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Mantis Space Raises $10 Million to Develop Satellite Solar Power Beaming Technology
U.S. startup Mantis Space has raised $10 million in seed funding to develop technology designed to transmit solar power between satellites in orbit using laser beams. The financing round was led by Rule 1 Ventures with additional participation from Montauk Capital, an incubator backing the company. Mantis Space said the funds will be used to…