He was. His figures on electric power transmission are way off. High-voltage long-distance transmission lines are about 98% efficient. Lower-voltage distribution lines are about 96% efficient. Nothing in what he says will affect the efficiency of household electrical networks (or make them any safer). He omits the conversion efficiency of photovoltaic panels which is lower than conventional or nuclear powerplants. He does not touch the fact that low-Earth-orbit satellites will only be in view for about 15 minutes at a pass, or that geostationary-orbit satellites will require enormous antennas for transmission and receiving.

This technology has been known and demonstrated for decades. It's like a light bulb, and all that was tested on the X-37 was a "space-rated' light bulb. There is so much slant and grift in his pitch that I can now see the emergence of the "Space Power" investment myth as a successor to "Green Power." He touts putting heavy factories in space...but he works for a company that wants the business. This is like Pfizer touting a new pill. Hello?