Solstar Space

Solstar Space

Early Stage

The first commercial Wi-Fi in space.

The first commercial Wi-Fi in space.

Overview

Raised to Date: Raised: $338,385

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/08/2018

Close Date

01/12/2019

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,500,000

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
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 03/10/2022 Wefunder $12,000,000 $1,533,774 SAFE Funded RegCF
Solstar Space 01/13/2021 Wefunder $8,000,000 $1,042,460 SAFE Funded RegCF
Solstar Space 01/11/2019 Wefunder $7,500,000 $338,385 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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

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