Solstar Space

Early Stage

The first commercial Wi-Fi in space.

Analytics

Raised to Date: Raised: $338,385

Aggregate Commitments $

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

Funding Type

RegCF

Valuation Cap

$7,500,000

Discount Rate

10%

Rolling Commitments $

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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Location

Santa Fe, New Mexico

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

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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Solstar Space on Wefunder
$
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000
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