EQT Foundation backs space solar energy company, Overview Energy
EQT Foundation backs in Overview Energy, a US-based deep tech company developing satellites to beam solar energy from space to Earth’s grid
Overview’s system collects sunlight 24/7 in orbit and transmits it to utility-scale solar projects on the ground using safe, near-infrared light
The investment will support the company’s path toward commercial deployment and global energy impact
Overview Energy, is building the infrastructure to unlock continuous clean energy from space. The company exited stealth this week after successfully transmitting power via laser from a moving aircraft to a ground receiver, marking the world’s first airborne demonstration of power beaming and a major technical milestone toward delivering space solar energy to Earth’s grid.
The company’s technology collects uninterrupted sunlight in geosynchronous orbit and beams it as safe, low-intensity near-infrared light to existing and future solar projects on the ground. This approach enables solar to become a 24/7 energy source without the need for large-scale batteries. A single satellite cluster will be able to direct power across continents and shift delivery based on demand, from cities and data centers to disaster zones and military bases.
Overview’s architecture is designed for real-world deployment from day one. Its wavelength choice prioritizes efficiency and passive safety, using light frequencies already proven in fiber optics, medical imaging, and industrial applications. The system is modular, scalable, and designed to strengthen grid resilience as the world transitions to more flexible, distributed clean energy networks.
Founded in 2022 and based in Virginia, Overview’s team combines expertise in lasers, space, energy, and manufacturing. The company has raised $20M to date from investors including Engine Ventures, Lowercarbon Capital, Prime Movers Lab, Earthrise Ventures, Aurelia Institute, and EQT Foundation.
Cilia Holmes Indahl, CEO, EQT Foundation: “Overview Energy is working on delivering clean power, on demand, from space to solar parks on Earth. We have matched OE with EQT employees with investment expertise in solar, and are supporting them with inroads to potential customers across EQT’s portfolio. The founders have impressed us by combining technical brilliance with a grounded, scalable approach.”
Marc Berte, CEO, Overview Energy: “When you can move energy to where the grid needs it, you strengthen every part of the energy system at once, boosting resilience, lowering costs, and turning idle solar capacity into a 24/7 resource. Space gives us constant sunlight. Steering it is what makes it valuable.”
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About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of more than three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has €267 billion in total assets under management (€139 billion in fee-generating assets under management) as of 30 September 2025, within two business segments – Private Capital and Real Assets.
With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.
The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.
More info: www.eqtgroup.com
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About EQT Foundation
EQT Foundation is a philanthropic organization and long-term shareholder of the global investment organization EQT, founded by partners at EQT. The Foundation supports scientists and entrepreneurs bringing breakthrough solutions from lab to market, combining EQT’s expertise with catalytic investments and grants. With a focus on supporting scientific progress in underfunded areas of climate and health, the Foundation provides a learning platform for EQT employees to develop and work collaboratively across the globe, while engaging in philanthropy and making a positive impact.
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 transmitter and is backed by leading investors in energy, aerospace, and climate technology.