Space Solar

Didcot, United Kingdom Founded: 2022 • Age: 4 yrs
Provider of space-based solar power, focused on developing and commercializing clean energy technology

About Space Solar

Space Solar is a company based in Didcot (United Kingdom) founded in 2022 by Martin Soltau. Space Solar has raised $508.26 thousand across 1 funding round. Space Solar offers products and services including Space-Based Solar Power Technology and Wireless Power Transmission System. Space Solar operates in a competitive market with competitors including Star Catcher, Reflect Orbital, Virtus Solis, Volta Space Technologies and Astrostrom, among others.

  • Headquarter Didcot, United Kingdom
  • Founders Martin Soltau
  • Sectors
    Aerospace, Defense & Maritime
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website spacesolar.co.uk
  • Social LinkedIn X Facebook Instagram
  • Legal Name Space Solar Group Holdings Limited
  • Date of Incorporation 15 Dec, 2022
  • Jurisdiction NEWBURY, BERKSHIRE, ENGLAND
Key Metrics
  • Total Equity Funding
    $508.26K (USD)

    in 1 rounds

  • Latest Funding Round
    $508.26K (USD), Seed

    Jun 2024

Products & Services of Space Solar

Space Solar offers a comprehensive portfolio of products and services, including Space-Based Solar Power Technology and Wireless Power Transmission System.

Space-Based Solar Power Technology
Energy Generation

Harnesses solar energy from space for continuous Earth-based power supply.

Wireless Power Transmission System
Power Delivery

Enables safe beaming of energy from orbit to ground receivers.

Funding Insights of Space Solar

Space Solar has successfully raised a total of $508.26K through 1 strategic funding round. The most recent funding activity was a Seed round of $508.26 thousand completed in June 2024. 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 $508,263
  • Total Rounds 1
  • Last Round Seed β€” $508,263
  • First Round $508,263

    (Jun 2024)

All 1 funding rounds of Space Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$508,263Seed––
–

People of Space Solar

3 people are tracked at Space Solar (3 in leadership).

NameRoleGroup
Martin Soltau
Co-Founder & Co-CEOLeadership
Sam Adlen
Co-CEOLeadership
David Homfray
CTOLeadership
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Complete people profiles for Space Solar

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Timeline of Space Solar

2 dated milestones of Space Solar across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Space Solar is founded.
  2. Funding First funding round of $508K.

Competitors of Space Solar

Space Solar 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 Star Catcher, Reflect Orbital, Virtus Solis, Volta Space Technologies and Astrostrom, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
star-catcher.com2024Jacksonville, United States$12.25M–
Provider of space-based energy grid solutions for space operations
reflectorbital.com2022Los Angeles, United States$26.5M–
Space reflectors are built for orbital solar power enhancement.
virtussolis.space2019Troy, United States$150,000–
Satellite-based solar power generation is provided for low-cost energy.
voltaspace.co2020Canada––
Provides wireless power transfer systems for extended lunar operations and space partnerships.
astrostrom.ch2021Wagenhausen, Switzerland––
Develops space-based solar power to address energy and climate crises globally.
celestiaenergy.com2023Abu Dhabi, United Arab Emirates––
Develops innovative wireless energy transfer technologies from space for advanced applications.
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Detailed competitors of Space Solar

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Space Solar

The website of Space Solar (spacesolar.co.uk) receives about 10.7K visits a month.

  • Monthly visits
    10.7K

    ▼ 11.1% vs previous month

Similar websites

Websites whose visitors overlap most with Space Solar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
solarsense-uk.com
100%
4.2K#4,569,615View details
solarjobsuk.com
solarjobsuk.com
96%
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Latest news on Space Solar

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Similar companies to Space Solar

10 companies that operate in the same segment as Space Solar (Space Research & Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based software suites are developed for navigation applications.
1893Paris, France–USD 26.01 B83,020
Cloud-based satellite imagery data and analytics solutions are provided.
2010San Francisco, California, United StatesUSD 666.69 MUSD 307.73 M970
Astra is engaged in providing space launch services.
2016Alameda, California, United StatesUSD 136.93 M––
Reusable launch vehicles for large payloads are developed and launched.
2002Hawthorne, California, United StatesUSD 11.86 B–13,612
Reusable launch vehicles for small satellite payloads are provided.
2006Long Beach, California, United StatesUSD 215 MUSD 436.21 M2,100
Provider of space launch services using Vikram series launch vehicles
2018Hyderabad, Telangana, IndiaUSD 99.84 MUSD 3.39 M247
Satellite-based imaging solutions are provided using synthetic aperture radar.
2016Palo Alto, California, United StatesUSD 233.99 M–191
AI and microsatellite-based imaging solutions are developed for data monitoring.
2014Espoo, FinlandUSD 1.16 B––
Satellite hardware is provided for space data constellations.
2013Irvine, California, United StatesUSD 136 M––
Private aerospace manufacturing and commercial launch solutions are provided.
2017Chennai, Tamil Nadu, IndiaUSD 72.14 M–241
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Frequently Asked Questions about Space Solar

Space Solar was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Space Solar is headquartered in Didcot, United Kingdom. It is registered at Didcot, Oxfordshire, United Kingdom.

Martin Soltau is the current CEO of Space Solar. They have also founded this company.

Space Solar is a funded company, having raised a total of $508.26K across 1 funding round to date. The company's 1st funding round was a Seed of $508.26K, raised on Jun 2024.

Space Solar is a pioneering company working on developing and commercializing space-based solar power technology. They have successfully tested their HARRIER 360 system and are focused on creating affordable and scalable clean energy solutions. Collaborating with the UK government and over 80 organizations, Space Solar is a key player in advancing the potential of space-based solar energy.

Space Solar's top competitors include Star Catcher, Reflect Orbital and Virtus Solis.

Space Solar offers Space-Based Solar Power Technology and Wireless Power Transmission System.

Space Solar operates through Space Solar Group Holdings Limited.

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