Virtus Solis Technologies reposted this
Demand is growing, but transmission infrastructure is not. Yet another reason to site your load next to generation - something Space Based Solar does very well. #spacesolar #sbsp #solar
Virtus Solis Technologies
Space Research and Technology
Troy, MI 1,785 followers
A space solar power company.
About us
The impetus for Virtus Solis is to provide clean, low-cost renewable energy that directly supplants primary energy production for all terrestrial uses and eventually even extra-terrestrial. Fossil fuels power 85% of the world in a non-sustainable fashion. This must change. There are limited options for disruption because terrestrial renewable power is intermittent - it is seldom available when and where needed. Ubiquitous, inexpensive and clean energy are desperately needed. Cleaning up electric power requires replacing the equivalent of more than a million tons of coal use every day for the next 30 years. But even that is not enough. Globally, most of the planet’s population suffers from energy poverty, and access to low cost energy is the greatest lever for universal prosperity. Limitless low-cost energy solves these problems and promotes sustainable growth and harmony. Virtus Solis is the first low-cost space solar power system able to address the entire $8T energy market.
- Website
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http://www.virtussolis.space
External link for Virtus Solis Technologies
- Industry
- Space Research and Technology
- Company size
- 2-10 employees
- Headquarters
- Troy, MI
- Type
- Privately Held
- Founded
- 2019
Locations
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Primary
Get directions
Troy, MI 48085, US
Employees at Virtus Solis Technologies
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Francois Paul Lambert
Unlocking the Space Economy for All | Space Lawyer | Worked on: Amazon Project Kuiper, GALILEO, EGNOS | Why care? Space is the New Frontier with $…
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Ed Tate
From cars, computers, & batteries to software, spacecraft & gigawatts – Solving problems big and small | Stanford | Michigan | PhD
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Peter Savagian
Advisor | Board Member | Exec | Lecturer
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Seth Elliott
CEO | COO | CBO | Climate Actioneer
Updates
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Virtus Solis Technologies reposted this
Long distance power transmission via cables continues to be a vexing subject - the DOE gave up on many of the proposed grid infrastructure opportunities due to resistance from land owners. Space Based Solar avoids the need to fight for access to land for transmission. Simple. #sbsp #spacesolar #solar https://lnkd.in/eh_w7t-Q
‘Good riddance’ says Oklahoma governor as DOE nixes 7 national transmission corridors, refines 3
utilitydive.com
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Virtus Solis Technologies reposted this
From cars, computers, & batteries to software, spacecraft & gigawatts – Solving problems big and small | Stanford | Michigan | PhD
Data center energy consumption is growing crazily compared to energy generation and other demands. For example, Google's multi year data center energy consumption is one of the fastest increasing energy demands. Other data center giants are growing just as fast. Everything is plotted below on log scales to compare such huge differences in scale and see exponential curves as straight trend lines. #energy #progress #deeptech #hardtech
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Virtus Solis Technologies reposted this
It's unfortunate that journalists continue to write stories that are silent on (ignorant of) the enormous near-term opportunities for clean, baseload, affordable, globally available energy from Space Based Solar Power. Check out Virtus Solis Technologies. https://lnkd.in/dqSCa9q4
Top 7 Most Promising Energy Sources of the Future
msn.com
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Virtus Solis Technologies reposted this
Or we could just put the photovoltaics in space where the sun always shines? #sbsp #spacesolar Full Article: https://lnkd.in/gjM9-ZZv
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Another voice advocating for space based solar. The physics were worked out in the 1960's. The engineering was feasible in the 1970's. With the drop in launch costs the economics make it the cleanest firm energy source possible. #space #energy
We appreciate the mention by David Steitz (former NASA’s Deputy Associate Administrator for Technology, Policy and Strategy and Deputy Chief Technologist, retiring in 2022) and agree whole heartedly! #sbsp #spacesolar https://lnkd.in/gu9cz2mr
America must win the race for space solar power — or buy it from China
https://spacenews.com
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What do you take away from the below chart? Thunder Said Energy plotted hourly pricing in two ISO grids here in the USA for Q3 of 2024. ERCOT is Texas, and CAISO is California. Note the cost on the y-axis is logarithmic. What this says to me is large intermittent generation penetration drives pricing volatility - with most stable pricing at night with no renewables. The vast majority of renewable projects in these markets are still being financed - most are 30y finance vehicles. So when the price drops below costs (more generation than demand + unable to export), those generation owners are losing money. Energy storage is the big winner, charging when costs are low (or negative!) and selling when high - alongside gas-fired peaking power plants. New build utility scale solar is $45/MWh. Clean firm power is needed to stabilize pricing. Space solar can enter these markets at $40/MWh at 500MW with a path to <$30 at 1500MW of capacity (financed over 20y at 14%). Ask us how. #sbsp #solar #spacesolar
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We're on the leader board. Now its time to move upward! #SBSP
Space Business Development Lead | I Create Actionable Insights Into The Space Industry | 3rd Year ECE Engineering Student
𝐇𝐨𝐰 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞𝐬 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐞 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 In the next 3 minutes, you'll learn about the most common satellite types and exactly how they generate revenue. 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 - Space becomes more affordable enabling R&D of new concepts. - Emerging use cases like space-based solar power and data centers, in-orbit manufacturing, and asteroid mining, will be feasible in the next decade. - More venture capitals fund more space companies, making it easier for start-ups to secure funding. 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞-𝐓𝐲𝐩𝐞𝐬 1. Communication (two-way communication): - Purpose: Internet, satellite phones, and IoT connectivity - Key Players: SES, Intelsat, Inmarsat, Viasat - Revenue Model: Selling bandwidth or subscriptions for internet and communication services 2. Mega-Constellations: - Purpose: Massive networks of satellites for global broadband internet and IoT - Key Players: Starlink (SpaceX), Eutelsat OneWeb, Kuiper (Amazon) - Revenue Model: Subscriptions and service contracts 3. Earth Observation (EO) Satellites: - Subtypes: Optical, SAR, Hyperspectral, Thermal imaging - Purpose: Monitor Earth for various applications like agriculture, defense, and insurance - Key Players: ICEYE, Maxar Technologies, Airbus Defence and Space - Revenue Model: Selling images, analytics, and custom insights 4. Navigation Satellites (GPS): - Purpose: Provide positioning, navigation, and timing services - Key Players: GPS (USA), Galileo (EU), BeiDou (China), GLONASS (Russia) - Revenue Model: High-precision or specialized applications in industries like aviation, and defense 5. Military/Defense Satellites: - Purpose: Secure communication, reconnaissance, early warning, and precise navigation - Key Players: Governments & private contractors such as Lockheed Martin, Raytheon, Northrop Grumman - Revenue Model: Government contracts & dual-use opportunities 6. Weather Satellites: - Purpose: Monitor climate patterns, weather forecasting, and disaster prediction - Key Players: NOAA, EUMETSAT, JMA, ISRO - Revenue Model: Government funding, data licensing, and custom insights 7. In-Orbit Servicing Satellites: - Purpose: Repair, refuel, and deorbit satellites in-orbit - Key Players: Northrop Grumman, Astroscale - Revenue Model: Pay-per-service contracts for satellite operators 8. Broadcast Satellites (one-way communication): - Purpose: Deliver TV and radio signals direct-to-home services - Key Players: DIRECTV, DISH Network, SES, Intelsat - Revenue Model: Leasing transponders or service contracts with broadcasters 𝐇𝐨𝐧𝐨𝐫𝐚𝐛𝐥𝐞 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐬 9. IoT Satellites 10. Space Observation Satellites 11. Scientific & Research Satellites 12. Solar-Based Space Power Satellites, Space Solar Virtus Solis Technologies 13. Asteroid Mining AstroForge Tell me in the comments which satellite type you think has the greatest growth future in the next decade? #SpaceInvestments #VentureCapital #EmergingMarkets #24 Image by Novaspace (Merger of Euroconsult & SpaceTec Partners)
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Virtus Solis Technologies reposted this
At CogX Festival 2023, John Bucknell, CEO & Founder of Virtus Solis Technologies, emphasised the urgency and adaptability of startups in tackling global challenges: “Startups exist because existing systems aren't delivering. We’re motivated to act fast, aiming for results by 2030—not 2050. The world’s free enough for organisations like mine to deliver what customers need and make the world a better place.” Watch the full session to see how innovation drives progress. 👉 https://lnkd.in/e4hYdHkH
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With decreases in launch cost and space robotics cost, the economics of space based solar power keep looking better.
The concept of ‘space-based solar power’ (SBSP) is rapidly advancing, with innovative startups leading the charge to harness the sun’s energy from orbit, and transmit it to Earth. Companies like Aetherflux , Space Solar , Virtus Solis Technologies and Reflect Orbital are at the forefront of these new platforms, each employing unique technologies to make SBSP a viable and sustainable energy solution. ☀️🔋 Want to discover more? Read this great article by Payload: https://lnkd.in/e2KvKUSs #SpaceNetwork #RenewableEnergy #solar #SpaceSolar #space
Startups Race to Make Space-Based Power a Reality
payloadspace.com