Star Catcher Industries, a startup designing spacecraft to beam solar energy to other LEO satellites, has secured funding from Florida’s economic development agency to demonstrate the technology at a former Space Shuttle landing site.

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Space company executives project a new wave of investment and consolidation that could be a “more thoughtful” version of the previous surge five years ago.

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Former Made In Space CEO Andrew Rush teamed up earlier this year with Michael Snyder, Made In Space co-founder and former chief engineer, and space investor Bryan Lyandvert to establish Star Catcher.

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