OOverview Energy is a venture-capital backed aerospace startup in the Washington, D.C. area working in stealth mode to develop a constellation of large, deployable satellites. It targets challenges in aerospace manufacturing, guidance, navigation, and control (GNC), and space power systems, with a business model centered on forming and deploying satellite constellations. Given its emphasis on energy solutions and backing by climate-focused investors, the company likely focuses on climate technology applications such as satellite-based energy distribution or earth observation for environmental monitoring. Its customers appear to be in the aerospace, hardware, and satellite communications sectors.
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Company Size
11-50
Company Stage
Early VC
Total Funding
$14.2M
Headquarters
Ashburn, Virginia
Founded
2022
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Overview Energy secures US military space solar contract. The military-backed project will develop a beacon to help satellites securely deliver solar power to designated remote locations Overview Energy is developing a homing beacon to help its planned space-based solar satellites securely direct power to designated military and remote ground sites. Published on: Oct 05, 2026, 4:49 am Key Takeaways * Overview Energy has secured backing from the US Department of War for its space-based solar technology * It is developing a homing beacon to support secure power delivery to remote or contested military locations * Overview Energy plans to integrate the beacon into its first satellite demonstration in 2028 US-based space solar company Overview Energy has announced backing from the Department of War to develop a homing beacon for its space-based solar power system. The beacon is intended to help satellites identify and lock onto designated ground-based receiving sites before transmitting energy from space, the company said. Overview Energy is developing satellites that would collect solar energy in orbit and transmit it to the Earth using near-infrared light beams. The company said the system could provide electricity to remote locations without relying on conventional fuel deliveries. The company said the technology could also support military applications by providing power to remote or contested locations. It is working with military personnel to develop and test the system at operational sites. The Department of War has approved the contract through the Operational Energy Capability Improvement Fund (OECIF) fund that is focused on maturing and demonstrating operational energy technologies. Christopher DePuma, Combat Power Portfolio Lead at OECIF said, "Overview Energy's technology opens up a new source of reliable power, and the homing beacon ensures precise, secure power delivery from orbit to an authenticated destination." Overview Energy says that the contract will support the design, development and testing of the homing beacon, which is expected to be integrated into the company's first satellite demonstration planned for 2028. Overview Energy previously tested wireless power transmission from a moving airborne platform. It plans to further develop the technology for a larger space-based solar power system, with commercial-scale deployment targeted for the 2030s. This contracts follows the company securing its first US Air Force contract to assess how its space-based solar technology could provide reliable power to remote military installations, in May 2026. Earlier this year, Meta reserved up to 1 GW of space-based solar power under an agreement with Overview Energy to support its growing AI data center energy needs in the US (see Meta Blocks Up To 1 GW Space-Based Solar Power).
DoD demo contract takes a step closer to beaming solar power from space. The Overview award is the second space-based solar power contract to be announced by the Pentagon's Operational Energy Capability Improvement Fund in recent weeks. WASHINGTON - Virginia-based startup Overview Energy has been contracted by the Pentagon's Operational Energy Capability Improvement Fund (OECIF) to demonstrate a key enabling technology for beaming solar energy to users on Earth, according to a company announcement. Under the contract, Overview will design, build and test the homing beacon for the company's satellite-based solar energy system, which converts the Sun's radiation to near-infrared light to safely transmit power to terrestrial power plants, the Sept. 30 announcement said. "Ground crews install the beacon at solar receiver sites, enabling Overview satellites to locate the site, lock on, and beam power with high precision. The system requires an active, authenticated beacon before a satellite transmits energy, which prevents signal spoofing and hijacking," the announcement elaborated. The OECIF contract is one of several Defense Department research programs on space-based solar power moving ahead in recent years, after decades of fits and starts for the futuristic but potentially revolutionary tech. "Delivering reliable power to remote and contested locations remains one of the military's most persistent operational challenges," Christopher DePuma, combat power portfolio lead at OECIF, said in the announcement. "Overview Energy's technology opens up a new source of reliable power, and the homing beacon ensures precise, secure power delivery from orbit to an authenticated destination. This award advances key technology to bring resilient energy safely to the warfighter," he added. According to a Pentagon fact sheet issued by the Office of the Assistant Secretary of Defense for Energy Resilience and Optimization, the OECIF is a "joint operational energy investment program" aimed at "pre-commercialization" technology. presented by Manufacturing scale, global sustainment, and next-gen tech are becoming inseparable. "Through highly targeted science and technology investments, it guides and matures advanced, first-of-a-kind operational energy technologies across warfighting platforms and domains," the fact sheet says. Overview's announcement did not include the contract's value or the projected data of the on-orbit experiment. A company spokesperson told Breaking Defense that the demo is planned for early next year, but declined to provide a contract value citing customer constraints on releasing that information. This isn't a first defense-related contract for the Virginia startup. In May, the Air Force contracted Overview for a year-long study on the use cases in which space-based solar power could supply electricity "in constrained and contested logistics environments." Nor is it the first OECIF contract for a space-based solar power demonstration - as Defense Department interest grows in the potential for rapidly getting power supplies to far-flung bases and into the battlefield without relying on expensive, slow and vulnerable air, sea and land logistics operations. Katalyst Space on Sept. 21 announced it had been tapped by OECIF to "develop and launch a robotic spacecraft that will assemble a large-format power beaming system on orbit and transmit power back to Earth." Katalyst's Advanced Scalable Growth Architecture for Robotic Deployment (ASGARD) program also is building satellites to harvest the Sun's rays, but is using microwaves instead of near-infrared to transmit the energy. The microwaves are generated on-board by conversion tiles developed by the Naval Research Laboratory, which has been involved in research on space-based solar power and microwave transmission for a number of years. Katalyst's announcement did not reveal the contract's value, nor the planned date of the demonstration. The company did not respond to a request for comment. The Pentagon's Office of Public Affairs did not respond to a request for comment about the two contracts and OECIF's larger interest in space-based solar power.
Overview Energy has secured a contract from the US Department of Defense's Operational Energy Capability Improvement Fund to develop a homing beacon for its space solar energy system. The beacon will enable Overview satellites to lock onto and beam power to terrestrial solar arrays from orbit. Overview develops satellites that collect solar energy in orbit and convert it into near-infrared light beams for ground delivery. The beacon allows satellites to locate receiver sites and transmit power with precision, whilst preventing signal spoofing through authentication requirements. Under the programme, Overview will work directly with military personnel at operational sites to gather requirements and conduct field testing. The hardware will integrate into Overview's first satellite, scheduled for a 2028 space demonstration, and serve as baseline equipment for its geostationary constellation planned for 2030 deployment. The technology aims to provide reliable power to remote military bases without requiring vulnerable fuel convoys.
Meta has signed an agreement with Overview Energy to secure up to one gigawatt of capacity from a space-based solar power system, with commercial delivery expected by 2030. The deal makes Meta the first corporate customer for the orbital energy technology. Overview Energy's system captures sunlight in orbit and transmits it as low-intensity, near-infrared light to existing terrestrial solar installations, enabling continuous electricity generation. The companies are targeting 2028 for a first orbital test. Overview, founded in 2022 and based in northern Virginia, has already demonstrated power beaming from a moving airborne platform. The agreement comes as Meta expands its data centre infrastructure for artificial intelligence operations. The company has also secured separate nuclear energy deals with Vistra, Oklo and TerraPower, making it one of the largest corporate purchasers of nuclear energy.
Overview Energy and Meta announce first-of-its-kind agreement to bring space solar Energy to data centers. Apr 27, 2026, 06:00 ET The agreement positions Meta at the forefront of a new category of energy infrastructure strengthening America's energy leadership ASHBURN, Va., April 27, 2026 /PRNewswire/ - Overview Energy and Meta today announced a first-of-its-kind agreement and partnership to advance American-built space solar energy with initial orbital demonstration in 2028 and commercial power delivery expected in 2030. To support AI infrastructure deployment across the United States, Meta is taking an innovative step to enable and secure access to new power technology designed for modular scalability. The agreement gives Meta early access to capacity from Overview's space solar energy system of up to 1GW. The system collects solar energy in space and beams it to existing solar facilities on the ground, where it is converted into electricity, allowing these assets to maximize utilization and produce power around-the-clock. "Space solar technology represents a transformative step forward by leveraging existing terrestrial infrastructure to deliver new, uninterrupted energy from orbit. We're excited to partner with Overview Energy to pioneer innovative energy solutions to advance our AI ambitions and infrastructure," said Nat Sahlstrom, VP of Energy and Sustainability, Meta. "This collaboration demonstrates our commitment to innovation - leveraging cutting-edge technology to strengthen America's energy leadership." With this capacity reservation agreement, Meta is one of the first major companies to secure rights for future space solar energy capacity delivered from orbit to the grid. "Space is becoming part of America's energy infrastructure," said Marc Berte, CEO of Overview Energy. "Our approach to space solar energy enables hyperscalers and technology providers to secure clean power with reliable siting, and speed to power. "Together with Meta, we're looking beyond traditional constraints on where and when power can be delivered to meet the growing demand for electricity." Overview's satellites collect continuous sunlight in geosynchronous orbit and beam it to existing solar projects on the ground as low-intensity, near-infrared light. By extending the hours that solar installations can generate power, the system is designed to significantly increase their output without requiring new land, fuel, or lengthy grid interconnection processes. Overview's beam is invisible, less intense than sunlight, and passively safe for humans, animals, and aircraft. The technology is engineered to meet U.S. regulatory, grid integration, and safety standards. Overview's advisory board includes Jim Bridenstine, former NASA Administrator and Congressman; Mike Griffin, former NASA Administrator; and Joseph Kelliher, former FERC Chairman and EVP of Regulatory at NextEra. The agreement between Meta and Overview marks an important step toward making space solar energy a practical component of America's energy infrastructure mix - one capable of supporting a growing economy that depends on always available, high-quality power. About Overview Energy Overview Energy is turning uninterrupted sunlight in space into directable energy on Earth. Its satellites will collect solar energy 24/7 in geosynchronous orbit and beam it to receivers on the ground - existing and future utility-scale solar projects - as safe near-infrared light. The system will be able to shift power across continents in real time based on demand, without changing infrastructure on the ground. Founded in 2022, Overview has already achieved first-of-its-kind power beaming from a moving airborne platform and is backed by leading investors in energy and aerospace. About Meta Meta is building the future of human connection, powered by artificial intelligence and immersive technologies. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward experiences that foster deeper connections and unlock new possibilities. SOURCE Overview Energy
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$14.2M
Headquarters
Ashburn, Virginia
Founded
2022
Find jobs on Simplify and start your career today