Airbus Ventures Leads Solestial’s Oversubscribed $10M Seed Round

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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. There is a demand for 100 MW of solar for space in the next 5 years. But the existing space solar panels are extremely expensive and very slow to manufacture. With today's technology 100 MW of space solar panels will cost more than $60B and it will take more than 10 years to manufacture. Solestial solves this problem. Solestial is revolutionizing the access to power in space with space tolerant ultrathin silicon solar panels, which for the first time on the market, will have both high efficiency and low cost in a single light-weight and flexible package. Join us as we disrupt the space solar industry!