The Power Purchase Agreement marks one of the first commercial energy transactions in space

Loft Orbital (“Loft”), a global space infrastructure company, and Star Catcher Industries (“Star Catcher”), the space energy company, today announced a landmark Power Purchase Agreement (PPA). 

Under this agreement, Loft will purchase power from the forthcoming Star Catcher Network to augment the power generation capabilities of its growing constellation of mission-agnostic satellite platforms. 

Loft offers a turnkey solution for deploying diverse customer payloads to Low Earth Orbit (LEO) onboard high-power, off-the-shelf satellites. With the ability to host a wide range of customer payloads, these satellites require significant and flexible amounts of electrical power — a demand that continues to grow as on-orbit operations become increasingly data-driven and computationally intensive. 

By accessing on-demand, scalable energy from Star Catcher, Loft will significantly improve its ability to accommodate high-power customer payloads.

“Plugging into an external power source fundamentally changes how we think about our mission offering,” Loft Co-founder and COO Alex Greenberg said. “It boosts uptime for our customers’ payloads and processors, optimizes spacecraft performance, and ensures our constellation operates at full capacity.”

The Star Catcher Network consists of modular Power Nodes that collect solar energy using advanced optical systems and refine it into wavelengths optimized for spacecraft solar panels. Concentrated beams of light are then wirelessly transmitted across space to customer spacecraft. With no retrofit required, the Star Catcher Network enables satellites to generate two to ten times more power than onboard systems alone, significantly improving uptime, performance, and revenue potential.

“A readily available utility-scale power grid in space is a capability the entire industry needed yesterday,” said Andrew Rush, CEO of Star Catcher. “We are proud to partner with Loft. Providing Loft with on-demand power allows them to focus on mission performance rather than power limitations, a critical paradigm shift for the future of space operations.”

As demand for next-generation capabilities like real-time Earth Observation, direct-to-cell connectivity, and resilient national security operations continues to surge, Loft and Star Catcher are working to improve consistent and dynamic access to space for all customers.

About Loft 

Loft: Space Made Simple. Founded in 2017, Loft provides governments, companies, and research institutions with a fast, reliable, and flexible way to deploy missions in orbit. The company integrates, launches, and operates spacecraft, offering an end-to-end service model that includes rapid integration and minimal non-recurring engineering (NRE). Leveraging the company’s existing space infrastructure and an extensive inventory of satellite buses ready for integration, Loft is reducing years-long integration and launch timelines to months. With more than 25 missions flown, Loft’s flight heritage and proven technologies enable customers to focus on their mission objectives. Loft is an international company with facilities in San Francisco, Golden, CO, and Toulouse, France. In 2024, the company established Orbitworks, a joint venture with Marlan Space, to create the Middle East’s first private space infrastructure company, further expanding our global reach and capabilities.

About Star Catcher

Star Catcher is pioneering the first space energy grid, the Star Catcher Network, to eliminate power constraints for satellites and other spacecraft. This groundbreaking space-to-space power beaming infrastructure will deliver concentrated solar energy to existing solar panels with no retrofit required, enabling satellites to support more power-hungry payloads and execute more complex missions, all while reducing upfront costs associated with larger satellite buses and solar arrays. Star Catcher was founded in 2024 by seasoned space entrepreneurs Andrew Rush and Michael Snyder, alongside venture capitalist and operator Bryan Lyandvert. 

Media Contacts

Loft

Sarah Preston, Senior Marketing Manager
sarah.preston@loftorbital.com

Star Catcher

Natalie Rizk
natalier@theriotmind.agency

Camille Bergin, CMO
camille@star-catcher.com