About Solestial
Solestial is a company based in Tempe (United States) founded in 2013 by Stan Herasimenka and Mikhail Reginevich was acquired by York Space Systems in May 2026. It operates as a Direct-to-Consumer (D2C) and Professional Services. Solestial has raised $43.24 million across 7 funding rounds from investors including Mitsubishi Electric, Crosscut Ventures and York Space Systems. Solestial offers products and services including Solar Cell, Flexible Solar Power Modules, Integrated Solar Power Modules, and Solar Array. Solestial operates in a competitive market with competitors including AAC Clyde Space, DcubeD, SolAero Technologies, Creotech and Innovative Solutions In Space, among others.
- Headquarter Tempe, United States
- Founders Stan Herasimenka, Mikhail Reginevich
- SectorsAerospace, Defense & MaritimeEnergy & Utilities
- Email••••••••
- Website solestial.com
- Social LinkedIn X Facebook Instagram YouTube Threads
- Acquired by York Space Systems (May 2026)
- Legal Name Solestial, Inc.
- Total Equity Funding$43.24M (USD)
in 7 rounds
- Latest Funding Round$17M (USD), Series A
May 2025
- InvestorsMitsubishi Electric
& 10 more
- Acquired byYork Space Systems
(May 2026)
Products & Services of Solestial
Solestial offers a comprehensive portfolio of products and services, including Solar Cell, Flexible Solar Power Modules, Integrated Solar Power Modules, and Solar Array.
Ultrathin silicon cells are designed for space efficiency.
Lightweight modules are built for long-term space durability.
Modules are integrated for easy spacecraft installation compatibility.
Complete arrays are offered with deployment system integration.
Apps and channels of Solestial
its YouTube channel SolestialSpace has 28 subscribers and 6 videos.
Videos from Solestial
The most watched videos on Solestial's YouTube channel, SolestialSpace (28 subscribers). Click a video to play it here.
More on SolestialSpace.
Funding Insights of Solestial
Solestial has successfully raised a total of $43.24M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43.24M
- Total Rounds 7
- Last Round Series A — $17M
- First Round $224,807
(Jul 2019)
- Investors Count 10
All 7 funding rounds of Solestial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $17M | Series A | – | AE Industrial Partners | |
| Sep 2024 | $15.06M | Series A | – | – | – |
| Oct 2022 | $11.18M | Seed | – | Airbus Ventures | |
| Aug 2021 | $999,768 | Grant | – | – | |
| Jun 2020 | $224,807 | Grant | – | – | |
| Jul 2019 | – | Seed | – | Techstars | – |
| Jul 2019 | $224,807 | Grant | – | – |
11 investors in total: 11 institutional.
Investors in Solestial
Solestial has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsubishi Electric, Crosscut Ventures and York Space Systems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | aeroequity.com | - | |
VC firm investing in seed and early stage companies in the US | 2007 | crosscut.vc | Santa Monica, United States | |
ZEON Ventures is involved in unspecified business activities. | – | zeon.ventures | - | |
Early-stage tech investments are made across US, Europe, and Asia. | – | airbusventures.vc | Menlo Park, United States | |
Venture capital investments are focused on transforming fundamental industries. | – | industrious.vc | - | |
Early-stage technology companies are invested in by Stellar Ventures. | – | svc.vc | - | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | mitsubishielectric.com | Chiyoda City, Japan | |
- | – | gpvc.kr | - | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Solestial
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Solestial
17 people are tracked at Solestial (8 in leadership, 4 in board & advisors, 5 in team).
| Name | Role | Group |
|---|---|---|
Stan Herasimenka | Co-Founder & CTO | Leadership |
Mikhail Reginevich | Co-Founder & CTO | Leadership |
Nicolas Miltgen | CFO | Leadership |
Andy Atherton | Executive Director | Leadership |
Luke Gordon | Head of Commercial Business Development | Leadership |
Eileen Korte | Head of Marketing | Leadership |
Tina Marotta | Human Resources Business Partner | Leadership |
Vince Hearn | Head of Government Business Development | Leadership |
Richard King | Advisor | Board & advisors |
Monica Jan | Advisor | Board & advisors |
Ted Stern | Advisor | Board & advisors |
Steve O’Neil | Advisor | Board & advisors |
Anthony Downey | R&D PV Module Engineer | Team |
Jeffrey Gettinger | PVD Process Engineer | Team |
S. Garrett Williams | Senior Electrochemical Engineer | Team |
Kacper Rebeszko | Process Development Engineer in Laser Scribing and Ablation | Team |
Ryan Christensen | Advisor | Team |
Complete people profiles for Solestial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Solestial
4 dated milestones of Solestial across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Solestial is founded.
- Funding First funding round of $225K.
- Funding Latest funding round, Series A, of $17.0M.
- Exit Acquired by York Space Systems.
Competitors of Solestial
Solestial 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 AAC Clyde Space, DcubeD, SolAero Technologies, Creotech and Innovative Solutions In Space, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aac-clyde.space | 2005 | Uppsala, Sweden | – | – | Provider of diverse space components along with services | |
| dcubed.space | 2019 | Munich, Germany | $4.8M | – | Deployables and actuators for nanosatellites and small satellites are developed. | |
| solaerotech.com | 1998 | Albuquerque, United States | – | – | Highly-efficient solar cells and panels are produced for space applications. | |
| creotech.pl | 2008 | Piaseczno, Poland | – | – | Diversified satellite components are manufactured and developed by Creotech. | |
| isispace.nl | 2006 | Delft, Netherlands | – | – | Solutions for small satellite development and launch are provided. | |
| oipspace.be | 1919 | Oudenaarde, Belgium | – | 100 | Diversified satellite components are designed and manufactured for space applications. | |
| revolvspace.com | 2021 | Noordwijk, Netherlands | $2.82M | – | Components and equipment for small satellite solutions are developed. | |
| aacmicrotec.com | 2005 | Uppsala, Sweden | – | – | Spacecraft subsystems and miniaturized electronic systems are developed and manufactured. |
Detailed competitors of Solestial
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Solestial
The website of Solestial (solestial.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 5.1% vs previous month
Latest news on Solestial
Complete news archive for Solestial
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Solestial
10 companies that operate in the same segment as Solestial (Space Research & Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 666.69 M | USD 307.73 M | 970 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | – | – | |
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | – | 13,612 | |
Reusable launch vehicles for small satellite payloads are provided. | 2006 | Long Beach, California, United States | USD 215 M | USD 436.21 M | 2,100 | |
Provider of space launch services using Vikram series launch vehicles | 2018 | Hyderabad, Telangana, India | USD 99.84 M | USD 3.39 M | 247 | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Satellite hardware is provided for space data constellations. | 2013 | Irvine, California, United States | USD 136 M | – | – | |
Private aerospace manufacturing and commercial launch solutions are provided. | 2017 | Chennai, Tamil Nadu, India | USD 72.14 M | – | 241 |
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Frequently Asked Questions about Solestial
Solestial was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Solestial is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Solestial is a funded company, having raised a total of $43.24M across 7 funding rounds to date. The company's 1st funding round was a Grant of $224.81K, raised on Jul 2019.
Solar energy solutions for space are developed and supplied by Solestial. Focus is placed on next-generation silicon photovoltaics designed for space environments. Products include ultrathin solar cells, flexible and integrated solar power modules, and complete solar arrays. These solutions are engineered to be radiation-hardened, efficient, and cost-competitive compared to traditional III-V multijunction solar products. The company serves both commercial and government customers in the aerospace sector, emphasizing innovation in space-grade solar technology.
Solestial's top competitors include DcubeD, AAC Clyde Space and Innovative Solutions In Space.
Solestial offers Solar Cell, Flexible Solar Power Modules, Integrated Solar Power Modules, and Solar Array.
Solestial has 11 investors. Key investors include Mitsubishi Electric, Crosscut Ventures, York Space Systems, Techstars, and AE Industrial Partners.
Solestial operates through Solestial, Inc..
Yes. Solestial was acquired by York Space Systems in May 2026.