About Solar Products
Solar Products is a company based in Pompton Lakes (United States) founded in 1956 by Richard Eck was acquired by ASPEQ Heating Group in July 2022.. Solar Products offers products and services including F & FBA Series Panel Heaters, Q-Series Panel Heaters, T-Series Quartz Tubes, M & G Series Panel Heaters, and V Series Heaters. Solar Products operates in a competitive market with competitors including Ecoflow, Polar Power, Renogy, Ascent Solar and Sopogy, among others.
- Headquarter Pompton Lakes, United States
- Founders Richard Eck
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Solar Products, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
ASPEQ Heating Group
(Jul 19, 2022)
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Products & Services of Solar Products
Solar Products offers a comprehensive portfolio of products and services, including F & FBA Series Panel Heaters, Q-Series Panel Heaters, T-Series Quartz Tubes, M & G Series Panel Heaters, and V Series Heaters. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom heaters for industrial process applications
Opaque fused quartz face heaters for various uses
Quartz tubes for specialized heating needs
Metal and glass face heaters for efficiency
Fast response medium-wave panel heaters
Tailored heaters for OEM industrial applications
Funding Insights of Solar Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Solar Products
Solar Products has secured backing from 1 investor. Prominent investors backing the company include ASPEQ Heating Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Electric heating equipment is manufactured for industrial applications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solar Products
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Solar Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solar Products Comparisons
Competitors of Solar Products
Solar Products operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecoflow, Polar Power, Renogy, Ascent Solar and Sopogy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
An online platform for energy storage solutions is offered.
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| domain | founded_year | HQ Location |
Mobile rapid chargers for EVs are developed without utility grids.
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| domain | founded_year | HQ Location |
Solar panels, kits, and power electronics are manufactured by Renogy.
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| domain | founded_year | HQ Location |
Thin-film CIGS solar modules manufacturer
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| domain | founded_year | HQ Location |
Solar Power Technology
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| domain | founded_year | HQ Location |
Solar EPC services are provided for renewable energy projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Solar Products
When was Solar Products founded?
Solar Products was founded in 1956.
Where is Solar Products located?
Solar Products is headquartered in Pompton Lakes, United States. It is registered at Pompton Lakes, New Jersey, United States.
What does Solar Products do?
Solar Products was established in 1956 by founder Richard Eck in Pompton Lakes, United States. Operations focus on the manufacturing sector, where custom infrared heaters and t-series quartz tubes are produced for industrial applications. The company maintains its base in the United States, serving clients through specialized production processes tailored to heating solutions.
Who are the top competitors of Solar Products?
Solar Products's top competitors include Ecoflow, Renogy and Enteligent.
What products or services does Solar Products offer?
Solar Products offers F & FBA Series Panel Heaters, Q-Series Panel Heaters, T-Series Quartz Tubes, M & G Series Panel Heaters, and 2 more products and services.
Who are Solar Products's investors?
Solar Products has 1 investor. Key investors include ASPEQ Heating Group.