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SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-06-10

Solestial

Active Satellite Manufacturing Private HQ: Tempe, Arizona Founded 2021

Tempe, AZ Arizona State University spinout making radiation-self-curing ultrathin silicon solar cells and flexible blankets for space - the main US cost challenger to III-V incumbency in space photovoltaics. Scaling toward 1 MW/yr of production, with roughly $6M of cumulative SBIR/STTR funding from NASA, AFRL/USSF, and NSF (company-stated).

43.8
ARI Composite
Very High Risk
#47 of 56
Peer Rank
Manufacturing cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

43.8
ARI composite · Very High Risk
Peer rank#47 of 56
Peer groupManufacturing
Data coverage75%

SECTOR POSITION

Rank within sector#47 of 56
Tracked peers56

REGISTRY DATA

Legal nameSolestial, Inc.
OwnershipPrivate
HeadquartersTempe, Arizona
CountryUS
Founded2021
CEOMargo de Naray
AliasesSolestial
Key programsRadiation-self-curing silicon solar cells, Flexible solar blankets (1 MW/yr scale-up)
Gov customersNASA, AFRL/USSF, NSF
Last fundingSeries A, $17M (May 2025); ~$28M total
IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · Series A release (May 2025, AE Ventures-led) documents the silicon space-PV scale-up; SBIR total company-stated.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.