(Things I'm learning while researching what is now looking like an eight thousand or more word blog post about why a different space thing, data centres, is also not a good investment; my guess is this would be less of a problem if you used mirrors like this to cool the earth by reflecting sunlight away instead of towards).
> Conservation of Etendue,
Sounds like you think I have in mind something like an Archimedes' heat ray. I do not see anything close to that for the presented satellites.
I would aver that the presented design is so far from being useful that making it useful requires solving enough engineering challenges to also enable an Archimedes' heat ray; but again: what is actually shown is not that.
The numbers I see from Reflect Orbital suggest they have an expectation of the apparent brightness fluttering by 5x from internal motion of the reflector. At the scale involved, may be easier to consider the imperfections/ripple as behaving the same as if some of the specular reflection becomes diffuse reflection.