# TerraSpark

**Source:** https://www.startuphub.ai/startups/terraspark
**Profile type:** Startup

> Developing space-based solar energy systems for continuous, weather-independent power.

## About

TerraSpark is a startup focused on developing and implementing space-based solar energy systems. Their long-term vision is to provide continuous, reliable energy independent of terrestrial weather conditions or time of day. They are taking a phased approach, starting with the commercialization of radio frequency-based wireless energy transmission for industrial use on Earth to validate safety, efficiency, and regulatory requirements. This will pave the way for scaling towards orbital systems, with an orbital technology demonstrator planned for 2027 and initial space-to-Earth power transmission in 2028. The company aims to address growing challenges in Europe's energy infrastructure, including rising demand, grid constraints, and the increasing energy needs of data centers.

## Key facts

- **Slug:** terraspark
- **Website:** https://terraspark.energy/
- **Location:** Belgium
- **Operating status:** Active
- **Total funding:** $5M
- **Sectors / tags:** Energy, Aerospace, Cleantech, Renewable Energy, Space Technology, Data Center, SpaceTech

## Frequently asked

### What does TerraSpark do?

TerraSpark is a startup focused on developing and implementing space-based solar energy systems. Their long-term vision is to provide continuous, reliable energy independent of terrestrial weather conditions or time of day. They are taking a phased approach, starting with the commercialization of radio frequency-based wireless energy transmission for industrial use on Earth to validate safety, efficiency, and regulatory requirements. This will pave the way for scaling towards orbital systems, wi…

### What is TerraSpark's revenue?

StartupHub estimates TerraSpark's annual revenue at $3.0M (range $625K to $5.2M, 35% confidence), based on comparable companies in the sector.

### What is TerraSpark's valuation?

StartupHub estimates TerraSpark's effective valuation at $19.0M (range $12.5M to $30.0M, 24% confidence), based on comparable companies in the sector.

### How much funding has TerraSpark raised?

TerraSpark has raised a total of $5M in funding. The most recent round on record is Pre-Seed.

### Where is TerraSpark headquartered?

TerraSpark is headquartered in Belgium.

### What industry does TerraSpark operate in?

TerraSpark operates in Energy, Aerospace, Cleantech, Renewable Energy, Space Technology, Data Center.

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