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SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-10-27

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).

42.0
ARI Composite
Very High Risk
#58 of 66
Peer Rank
Manufacturing cohort
—
Total Launches
No flights tracked
—
Estimated valuation
Not disclosed

FINANCIAL HEALTH

42.0
ARI composite · Very High Risk
Peer rank#58 of 66
Peer groupManufacturing
Data coverage75%

SECTOR POSITION

Rank within sector#58 of 66
Tracked peers66

RECENT COVERAGE

Date Source Headline
Sep 12, 2026 PV Magazine (Global) The race for space solar

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.