ORiS secures €5M to develop laser-powered space energy systems

Turin-based deeptech startup ORiS has secured €5 million in funding. This capital infusion will support the development of its laser-based wireless power transmission systems. These advanced systems are specifically designed for crucial space applications and dual-use scenarios, with the overarching goal of establishing new energy infrastructure in orbit. The ability to transmit power wirelessly via lasers in space represents a significant leap forward in addressing the energy needs of satellites, orbital platforms, and potential future lunar or Martian missions.

The focus on dual-use technologies and the deeptech space sector aligns with a growing trend in European defence and technology investment. Just recently, Airbus anchored a substantial €500 million European defence tech fund, E2D, which made its first investment in Alta Ares, as reported by Tech.eu. This fund explicitly targets dual-use and defence technology, highlighting the strategic importance placed on innovations that can serve both civilian and military purposes. The aerospace sector, in particular, is seeing increased attention for such technologies. ORiS's work on developing robust orbital energy infrastructure, capable of supporting both commercial and defence-related operations, positions it at the forefront of this evolving landscape. The company's efforts aim to provide resilient and flexible power solutions, which are increasingly vital for sustained presence and operations in space.

What this means: This investment provides ORiS with the necessary resources to accelerate its innovative approach to energy transmission. Successfully deploying laser-based power systems could establish foundational infrastructure for future space missions and expand the capabilities of terrestrial applications. The dual-use nature of this technology underscores its broad strategic relevance in a rapidly evolving deeptech and defence landscape, promising significant advancements in orbital power delivery.