Artist’s concept of space-based solar power beaming to military and remote installations. Credit: U.S. Naval Research Laboratory

A new generation of space companies is thinking bigger. From kilometers-wide orbital data centers to solar power stations requiring even larger structures in space, some of the most ambitious space businesses depend on building at a scale that’s never been attempted in orbit.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...