In a headquarters relocation for Star Catcher Industries, the city issued a permit July 20 for the $2 million build-out of space in South Jacksonville.
Merritt Construction Services LLC of Baltimore and Jacksonville-based LAY Construction will build out a 49,057-square-foot unoccupied shell building at 5022 Gate Parkway, Units 401-411.
The architect is Bold Line Design LLC of Jacksonville. NV5 of Jacksonville provided private plan review.
Star Catcher, a 2-year-old Jacksonville-based company formed to build the first power grid in space, is relocating its headquarters to the Merritt at Gate Parkway office park in South Jacksonville.
Now in the Baymeadows-Mandarin area at Merritt Properties’ Magnolia Park, the company is relocating to Building 400 in Merritt’s Southside Deerwood project.
“We are investing in a new Jacksonville headquarters to support team growth and expanded manufacturing capacity. We will have more to share closer to the facility’s grand opening,” said Chief Marketing Officer Camille Bergin by email June 23.
“We’re growing fast and are proud to call Jacksonville our home.”
Bergin said Star Catcher has about 40 associates.
Star Catcher now occupies about 15,000 square feet of space at 5220 Shad Road in Magnolia Park. The move is about 10 miles northeast.
Star Catcher says it is building the first power grid in space to beam concentrated solar energy on demand to satellites in orbit with no retrofit required.
“By eliminating power as a constraint on spacecraft design and mission capability, Star Catcher is unlocking a new generation of space operations for commercial, civil, and national security customers,” the company says in a corporate description.
Star Catcher is led by President and CEO Andrew Rush, who previously was president and chief operating officer of Jacksonville-based space technology firm Redwire Corp. His bio at star-catcher.com says he led the company through its public listing and oversaw the integration of its space infrastructure and technology businesses.
Star Catcher was formed in 2024 to develop a space-based energy infrastructure layer to provide electricity on demand to satellites and other spacecraft using optical power beaming.
The company announced May 12, 2026, that it raised $65 million to bring its total capital raised to $88 million. The new investment was led by B Capital and co-led by Shield Capital and Cerberus Ventures, the venture arm of Cerberus Capital Management.
The company said in the May 12 news release the additional capital will help it move from validated technology to scalable infrastructure.
In the release, Star Catcher announced that retired Gen. John W. “Jay” Raymond, the first chief of space operations for the U.S. Space Force and senior managing director at Cerberus Capital Management, will join Star Catcher’s board.
He will be joined on the board by B Capital General Partner and Global Head of Energy Jeff Johnson and Shield principal David Rothzeid.
“This investment underscores the conviction that orbital infrastructure is now as fundamental as terrestrial infrastructure,” Rush said in the release.
“Every major application driving the space economy — connectivity, computing, security, sensing — is power-limited today. Star Catcher is lifting that ceiling — making it possible to build in orbit at the scale the next century of life on Earth will demand.”
Star Catcher said it will launch the first space-based optical power beaming demonstration this year.
It said the investment accelerates a second orbital mission already in development and strengthens the engineering and operations capacity to drive scalable grid deployment.
Star Catcher said it has signed seven power purchase agreements, secured government contracts and is managing a commercial pipeline representing more than $3 billion in projected annual recurring revenue.
State corporate records show that Star Catcher Industries Inc. was filed in September 2024 at the Shad Road address.
In addition to Rush, founders include Michael Snyder of Jacksonville and Bryan Lyandvert of New York City.
Snyder is chief technology officer, a title he previously held with Redwire.
Lyandvert is chief business officer. Both serve on the board.