Solar geoengineering startups are receiving interest and support from deep-pocketed firms and corporations, which is crucial for the development of their planet-cooling systems. The urgency of the climate crisis is prompting more questions and discussions within the climate tech and venture community about solar geoengineering. This increased attention is shedding light on the potential of these startups to address the pressing need for climate solutions. Several space startups are exploring solar geoengineering solutions, such as building large sunlight deflectors and satellite mirrors to reflect sunlight away from the Earth. Companies like EarthGuard, Gama, Ethos Space, and Reflect Orbital are part of this effort, with some receiving funding from investors like Draper Associates and Possible Ventures. These initiatives aim to address the climate challenge by manipulating the amount of sunlight reaching the planet. The focus is on finding the most effective and sustainable solutions to combat rising global temperatures.
https://www.eenews.net/articles/betting-on-climate-failure-these-investors-could-earn-billions/