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Solestial
About
Solestial, Inc. is the solar energy company for space.
- 11 - 50
Details
- Last Funding Type
- Grant
- Industries
- Aerospace,National Security,Renewable Energy,Solar,Space Travel
- Founded date
- Jan 1, 2013
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Solestial, Inc. is the solar energy company for space. Solestial’s core technology is a breakthrough ultra-thin silicon solar cell that can self-cure radiation damage at normal operating temperatures in space, packaged in a flexible, lightweight panel designed to achieve minimum degradation for up to 10 years in LEO. Solestial panels can be mass-produced using automated machines resulting in costs 90% lower than incumbent technologies, with virtually unlimited manufacturing capacity. From today’s satellite constellations and research projects to tomorrow’s utility-scale energy infrastructure and services in space, Solestial is powering the new space economy.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 1, 2022 | Grant | — | 1 | — | — | Detail |
| Sep 15, 2021 | Grant | $0.99M | 1 |
National Science Foundation
|
— | Detail |
| Jun 27, 2019 | Grant | $224.80K | 1 |
National Science Foundation
|
— | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Feb 20, 2018
Forethought
|
Seed | $1M | Artificial Intelligence | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
NASA
|
— | Grant |
