S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Overview Energy Secures Contract to Develop Space Power Homing Beacon

The Department of War’s Operational Energy Capability Improvement Fund has tapped Overview Energy to engineer a precision homing beacon for orbital solar power transmission. This hardware acts as a digital handshake, ensuring satellites lock onto specific terrestrial receivers before beaming energy via near-infrared light to remote military sites.

Overview Energy Secures Contract to Develop Space Power Homing Beacon
Photo: Bio & News

The project aims to solve the military's reliance on vulnerable fuel convoys by enabling redirectable power from geosynchronous orbit. By requiring an authenticated signal from the ground-based beacon, the system prevents potential signal hijacking or spoofing. Overview Energy plans to integrate this technology into its first satellite for a scheduled 2028 space demonstration, utilizing designs refined through direct feedback from warfighters in the field.

Christopher DePuma, Combat Power Portfolio Lead at OECIF, noted that the technology provides a resilient alternative to traditional supply chains. Co-CEO Darko Filipi emphasized that the beacon is the critical link in the orbital power chain, building on successful airborne flight tests conducted by the firm. The hardware developed under this award will serve as the foundation for a full constellation of satellites, with deployment expected to begin in 2030 to support both defense and commercial grid capacities.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!