Solestial (Series A)
Funding Details
Awarder
RSS - spacenews.com
Date Award
May 15, 2025
Vertical
Solar Energy
Funding URL
View Funding Page
Funding Amount
$17,000,000
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
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
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.

Links
Website
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