TerraSpark, a startup focused on space-based solar power, has raised over €5 million in a pre-seed funding round backed by Daphni, Better Ventures, the Hans(wo)men Group, and several business angels.
The funding will support the development of its technology aimed at delivering continuous, weather-independent electricity from space, addressing growing pressure on energy systems across Europe.
What The Company Does
TerraSpark is developing solar energy systems designed to operate in orbit and transmit power wirelessly to Earth. Unlike traditional solar infrastructure, space-based systems can generate electricity continuously, unaffected by weather conditions or day-night cycles.
The company’s approach combines satellite-based energy generation with wireless transmission technologies, enabling electricity to be delivered to areas where grid infrastructure is limited or unavailable. This includes remote industrial sites, islands, and disaster-affected regions.
To validate its technology, TerraSpark is initially focusing on terrestrial applications using radio frequency-based wireless power transmission. This phased strategy allows the company to test system performance, safety, and regulatory compliance before scaling toward full orbital deployment.
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Market Context / Industry Background
Energy demand in Europe continues to rise, driven in part by electrification trends and the growing energy requirements of data centres. At the same time, grid limitations and the need for resilient infrastructure are becoming more prominent challenges.
Space-based solar power has been explored for decades but has historically faced technical and economic barriers. Recent developments, including reduced launch costs, advances in satellite manufacturing, and progress in orbital robotics, are now making commercial deployment more feasible.
Within this context, companies like TerraSpark are exploring alternative energy architectures that could complement existing renewable systems and contribute to long-term energy resilience.
Founder / Investor Commentary
Jasper Deprez, founder and CEO of TerraSpark, highlighted the shift from theoretical concept to practical development, noting that space-based solar power has long been seen as a distant possibility. He stated that increasing concerns around energy resilience in Europe are bringing the concept closer to real-world application, adding that a phased approach starting with commercially viable systems on Earth could enable the technology to become operational infrastructure within a realistic timeframe.
Growth Plans / Use Of Funds
The newly raised capital will be used to advance TerraSpark’s core technology and support upcoming pilot projects and demonstration use cases. In the near term, the company plans to develop and test wireless power transmission systems in real-world environments.
Looking ahead, TerraSpark is preparing an orbital technology demonstrator targeted for 2027, followed by initial space-to-Earth power transmission tests in 2028. These milestones form part of a broader roadmap aimed at transitioning from ground-based validation to full-scale orbital energy systems.
The company is led by a team with experience in space engineering and technology development, including CEO Jasper Deprez, CTO Sanjay Vijendran, and COO Matthias Laug.
About TerraSpark
TerraSpark is a European space-based solar power company founded in 2025. The company develops technologies designed to generate and transmit clean energy from orbit, with a focus on delivering electricity to regions where traditional grid infrastructure is limited. Its long-term mission is to enable resilient and scalable global energy coverage through space-based systems.
