Vice President of Operations
SolestialSalary not specified
- Internship
- Mid-level (3 to 4 years), Senior (5 to 8 years)
About Solestial
Solestial, Inc. specializes in ultra-thin silicon solar panels designed for space applications, featuring self-curing radiation damage capabilities and a flexible, lightweight build for minimal degradation over 10 years in LEO. The breakthrough technology allows for mass production at 90% lower costs than existing technologies, addressing the increasing demand for solar power in space.
Tempe, ArizonaHeadquarters
2013Year Founded
$10.6MTotal Funding
SEEDCompany Stage
Energy, AerospaceIndustries
11-50Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Disability Insurance
Life Insurance
Risks
Emerging competition from companies like Crystal Sonic threatens market share.
Dependency on Meyer Burger could pose risks if they face challenges.
Increased competition may pressure Solestial to maintain its cost advantage.
Differentiation
Solestial's solar cells self-cure radiation damage, enhancing longevity in space.
Their panels are lightweight and flexible, ideal for space applications.
Mass production reduces costs by 90%, offering a significant competitive advantage.
Upsides
Growing demand for space-based solar power boosts Solestial's market potential.
Partnership with Meyer Burger enhances production capabilities and market reach.
NASA contracts validate Solestial's technology and open new opportunities.
Funding
Total raised$10.60 M
Latest valuation$50.00 M
StageSEED
SEED
9/30/2022$10
$50.00 M