Solstar Space

Solstar Space

Early Stage

The first commercial Wi-Fi in space.

The first commercial Wi-Fi in space.

Overview

Raised this Round: 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%

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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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.

Valuation History

Price per Share History

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

Employee History

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

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