Funding Details
- Awarder
- RSS - spacenews.com
- Date Award
- May 15, 2025
- Vertical
- Solar Energy
- Funding URL
- View Funding Page
Company Info
- Traction
- Solestial photovoltaics have been delivered to dozens of customers and flown on five satellites. The company will begin producing solar cells for multi-kilowatt satellite programs in the second half of the year.
- Organizations Involved
- Mitsubishi Electric Corporation, Airbus
- Founders
- Stan Herasimenka
- Company Description
- Solestial is a startup that produces flexible solar power modules using silicon photovoltaics for space applications, aiming to scale up production to 1 megawatt annually.
- Market
- Space Applications
- Location
-
Tempe,
Arizona,
USA
- Coinvestors
- AE Ventures, Crosscut Ventures, Zeon Ventures, Mitsubishi Electric Corporation’s ME Innovation Fund, Airbus Ventures, General Purpose Venture Capital, Industrious Ventures, Stellar Ventures, Techstars
Links