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Solestial

company

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

Number of Funding Rounds
Total Funding Amount
3
$1.22M
Solestial has raised a total of $1.22M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2022 from a Grant round.
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

Number of Investments
Number of Lead Investments
1
0
Solestial has made 1 investments. Their most recent investment was on Feb 20, 2018, when Forethought raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 20, 2018 Forethought
Seed $1M Artificial Intelligence

Investors

Number of Lead Investors
Number of Investors
2
2
Solestial is funded by 2 investors. National Science Foundation and NASA are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
NASA Grant