Steve Kwast

speaker
426 appearances 1 recordings 1 series first heard May 2025 last heard May 2025

Steve Kwast’s voice in public audio — every appearance, attributed to the second.

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So again, this will come in stages, and this is where there is more to the story. And I'll talk about Edison and Tesla in a minute on this question. So in the early days, if I had to guess, and again, you don't want to guess on these things because you want the free market to make these decisions. You want the innovators that actually build the stuff.
So in space built, we're building the infrastructure to be able to build things large enough to accept that sun energy and then translate it into a radio wave, beam it down to Earth. We aren't going to build that. We're going to put it together. We are the construction company. You're the logistics.
We are the logistics and infrastructure company that can build anything in space because the things we build are modular and can be reused. Never space junk again. Right. And really, our marketing now is there are companies that are satellite operators that want to buy a satellite to perpetuate the market of satellite TV, satellite radio. And all their satellites are coming due.
They built them 15 years ago, and they're all running out of gas, and so they're all becoming space junk. So they have a choice.
They can either build another satellite just like that for half a billion dollars that will become space junk in 15 years from now, or the technology on it will become irrelevant in five years if we invent a new computer board, or they can buy our fleet of satellites where that computer board can be upgraded, and when it runs out of gas, you just refuel it.
So now back to your question about how solar power from space will evolve. I don't know. But here's what I would predict. And again, predicting is dangerous business, and so I don't want to do it. But what we know we could do right now
if we can build in space affordably, based on the model of this company and why this company exists, is we could have solar power transmitted into radio waves beamed down to a rectenna that's right by a power plant and ported into the power lines so that we still are seeing a return on investment in the current structure.
And the current structure is a power plant with all these power lines that are very expensive. Some are underground, some are above ground. But if the American people could look at how much money taxpayers and private companies put into the power grid and the delivery of electricity, it is astounding.
Water's the same way, and we can get into that because I was the president of Genesis Systems, which is a water generator company, but pulling water out of the air affordably. So now you can have a water generator, like an air conditioner, any spot on the planet without the need for electricity, solar power alone. We can get to the water, but back to electricity.
What I think will happen in the first days of solar power from space is, A power company will have a big power plant that is a huge investment. They haven't seen the full return on investment of that coal power plant or nuclear power plant and all the power lines that go to all the homes that that power plant serves.
But they'll put up a rectenna because the cost will be low enough that they can invest in that and say, okay, here's another source of power in case the power plant goes down and we will port that electricity into the power lines But eventually, what we may see is what was revealed when Edison and Tesla were first delivering electricity to the human race.
And you touched on this earlier in our conversation where you said, well, the Rockefellers, the way to monetize or to be able to monitor how much electricity you're using and getting money from you was a dial that was run by the electrical wire that was going through it. And I could come and read the meter at your house and say, you owe me a hundred bucks because how much electricity you used.
They, back in the day, didn't know how to monetize radio waves. Well, we know how to monetize them now. You know, your cell phone. We know exactly how much data you use, and I know exactly how much to charge you for it. Or your satellite TV. Or your, you know, your Starlink antenna getting broadband from Elon Musk's constellation. So we know how to monetize radio waves. That's a no-brainer.
But when Edison and Tesla were doing their little competition, Edison won out initially because it was easy to monetize his. Tesla was, I think, the superior thinker, and AC power and DC power are thanks to Edison and Tesla, okay? But there was something else Tesla did that looked like magic that did not get put into play, and it was the beaming of power, okay?
What is interesting about this is that it didn't get put into play because, again, Edison was a better marketer and it was easy to monetize his invention. And we're still stuck in that paradigm. But it's a paradigm of low efficiency. It's a paradigm of danger.
We still put little baby plugs in our electrical outlets because if you stick your finger in that thing or you stick a knife into it, you're gonna die. and that ain't good, and it's right there. The bathtub and the blow dryer, you're gonna die. That's not good. But we live with it because that's what we came in, and that's what everybody, it's back to innovation. Why haven't we innovated?
But what's interesting about what Tesla did with beaming energy is a lot of that literature went into the hands of the Trump family. President Trump talks about this, okay? And so we've now proven, Tesla's original experiments on beaming energy using the Air Force Research Lab and the X-37, beaming solar power from the sun down to a rectenna on Earth.
The Navy is also pursuing this, and there's a lot of companies pursuing it, more so than you might know. and many countries pursuing it because they see the promise of a high efficiency of delivery of electricity that will usher in a portion of the new energy market and deliver it to any person on the planet, no matter where they live.
How is this not a bigger discussion? Because of the price of entry in the past. But it's what Jeff Bezos has said in the past. If we do this right with space, we can turn the earth into the park and all heavy industry is off earth. And we can... God gave us a universe of minerals and resources that are the same as exist on the planet in the form of asteroids and celestial bodies.
They're all within reach of the earth right now. And so one of the reasons we haven't done it is one, the price point was too high, okay? So you needed a government that was actually willing to invest in it. But now those price points are coming down.
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