Solstar Space
Early Stage
The first commercial Wi-Fi in space.
Overview
Raised: $338,385
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/09/2018
Close Date
01/12/2019
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$7,500,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2019
Days Remaining
Funded
% of Min. Goal
677%
% of Max. Goal
32%
Likelihood of Max
Funded
Avg. Daily Raise
$1,810
# of Investors
529
Momentum
Funded
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Year Founded
2017
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Location
Santa Fe, New Mexico
Solstar Space Company is here to offer the first commercial Wi-Fi in space. Since private companies cannot often afford a simple space-to-ground communications solution, Solstar Space Company wants to provide an easier way for cosmic communication to occur -- ultimately helping make commercial space travel easier and safer. So far, they’ve already had success on one spaceflight in 2018 with another one in the pipeline. They also have a contract with NASA to develop a preliminary design to put a router on the International Space Station. Add in the fact that their technology is patent-pending and their founder has over 30 years in the commercial space industry, and you have recipe for a rocketing success.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Solstar Space | 03/11/2022 | Wefunder | $12,000,000 | $1,533,774 | SAFE | Funded | RegCF |
| Solstar Space | 01/14/2021 | Wefunder | $8,000,000 | $1,042,460 | SAFE | Funded | RegCF |
| Solstar Space | 01/12/2019 | Wefunder | $7,500,000 | $338,385 | SAFE | Funded | RegCF |
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