Solestial announced it raised $15.1 Million in an initial filing from an offering of $21.9 Million
09/19/24, 8:37 PM
Location
Money raised
$15.1 million
Industry
energy
Company Info
Location
7700 south river parkway
tempe, arizona, united states
Additional Info
Solestial, Inc. is the solar energy company for space. Our breakthrough technology is a silicon solar cell engineered for space to self-cure radiation damage under sunlight at temperatures as low as 65°C. Solestial solar cells are packaged in a flexible solar power module engineered to withstand up to 10 years in a variety of destinations in space. Our flexible solar power modules can be produced on automated machines resulting in costs 90% lower than incumbent III-V solar products. Solestial’s innovative technology represents a paradigm shift for space solar; an affordable, durable, scalable solution to power development in space.