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majorcontract2026-10-01

Virtus Solis signs 20-year space-based solar power deal with Brae Systems

Virtus Solis · Brae Systems

Virtus Solis signed a 20-year PPA to supply Brae Systems' underwater datacenters with 100 MW of space-based solar power.

// sources · 3 attached
  1. [1]trade presspv-magazine-usa.com↗
  2. [2]trade press · corroborationlatitudemedia.com↗
  3. [3]trade press · corroborationspacenews.com↗

what happened

Virtus Solis Technologies and Brae Systems announced Oct. 1 a 20-year power purchase agreement under which Virtus Solis will supply 100 MW of orbital solar power, delivering 876,000 MWh annually, to Brae's planned underwater datacenters; Brae holds an option to expand the deal to 250 MW within three years of commercial operations. Virtus Solis, which is developing space-based solar generation and power-beaming stations in Molniya orbit, says it plans a 100-kilowatt pilot deployment within 24 months and a public microwave-transmission demonstration in March 2027. CEO John Bucknell said first power is expected around 2030, which is also when Brae plans to launch its first megawatt-scale underwater datacenter.

why it matters

The companies describe this as the first commercial PPA for space-based solar power. Latitude Media's independent analysis noted the deal is largely symbolic for now, since it depends on unproven technology, prior wireless power-transfer demonstrations have reached only about 4% efficiency, reaching commercial viability within four years, and that a 2009 PG&E-Solaren space-solar PPA was cancelled in 2015 after its backer failed to secure financing. For AI datacenter developers chasing power at any cost, it is still a signal that orbital power generation is being treated as a biddable energy source rather than only a research program.

signal-to-noise

WIDELY REPORTED
4/5
leadtier 3 of 5 on its owncorrob+1 earned from 1 rulemixone source class (trade)
calculation
3base tier 3 from lead source class "trade" (PV Magazine USA) pv-magazine-usa.com+13 distinct sources (>=2)
= 4current score, recomputed by the engine on every change

quick facts

Companies
Virtus Solis, Brae Systems
Category
contract
Impact
major
SNR
4 / 5
Event date
2026-10-01
Published
2026-10-02 13:33 UTC

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