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Solestial announced it raised $15.1 Million in an initial filing from an offering of $21.9 Million

Sep 19, 2024about 1 year ago

Amount Raised

$15.1 Million

TempeEnergy

Company Information

Company

Solestial

Location

7700 SOUTH RIVER PARKWAY

Tempe, Arizona, United States

About

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.

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