SolAero Technologies

OverviewSuggest Edit

SolAero Technologies is a provider of solar cells, solar panels, and composite structural products for satellite and aerospace applications. It offers radiation-hard solar cells, cover glass interconnected cells, solar panels for integration into solar array assemblies, and concentrating triple-junction solar cells for terrestrial applications.
TypePrivate
Founded1998
HQAlbuquerque, NM, US
Websitesolaerotech.com
Employee Ratings2.9
Overall CultureA+

Latest Updates

Employees (est.) (Jul 2021)180(+2%)
Revenue (Y, 2017)$100 M(+41%)
Cybersecurity ratingBMore

Key People/Management at SolAero Technologies

Brad Clevenger

Brad Clevenger

President & CEO
Jeff Lassiter

Jeff Lassiter

Executive Vice President & CFO
Pravin Patel

Pravin Patel

Vice President & Chief Engineer
Navid Fatemi

Navid Fatemi

Senior Vice President
Jerry Winton

Jerry Winton

Vice President of Operations
Silvia Gentile

Silvia Gentile

Director of Human Resources
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SolAero Technologies Office Locations

SolAero Technologies has offices in Albuquerque and Alhambra
Albuquerque, NM, US (HQ)
10420 Research Rd SE
Alhambra, CA, US
Chestnut St
Show all (2)

SolAero Technologies Financials and Metrics

Summary Metrics

Founding Date

1998

Time since last funding

2 years ago

SolAero Technologies investors

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SolAero Technologies Revenue

SolAero Technologies's revenue was reported to be $100 m in Y, 2017 which is a 40.8% increase from the previous period.
USD

Revenue (Y, 2017)

100.0m

Revenue growth (Y, 2016 - Y, 2017), %

40.8%
USDY, 2015Y, 2016Y, 2017

Revenue

97.0m71.0m100.0m

Revenue growth, %

(27%)41%
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SolAero Technologies Operating Metrics

Feb, 2018Dec, 2018Sep, 2019Mar, 2020May, 2021

Space Missions

380480480

Solar Module Production Capacity for Space Missions, kW

500600600600600

Flight Solar Cells Manufactured Yearly

300 k300 k300 k

Clients

393030
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SolAero Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Vanguard Space TechnologiesMay 11, 2016
Alliance Spacesystems

SolAero Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

SolAero Technologies Online and Social Media Presence

Embed Graph

SolAero Technologies Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    83/100

  • Compensation

    B+

    79/100

  • Diversity

    B+

    80/100

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SolAero Technologies News and Updates

SolAero Technologies Powers OneWeb's Satellite Constellation

SolAero Technologies Corp. (SolAero), a leading provider of high efficiency solar cells, solar panels, and composite structural products for satellite and aerospace applications, congratulates the teams at OneWeb, Airbus OneWeb Satellites and Arianespace for the successful launch of 36 satellites of…

SolAero Technologies Corp Announces a Change of Control

SolAero Technologies Corp, a leading provider of satellite solar power and structural solutions, announced today that it has executed definitive financing agreements with a group of investors led by affiliates of The Carlyle Group, GSO Capital Partners LP, First Eagle Private Credit LLC and Ares Man…

SolAero Technologies Solar Panels Powering the NASA Mars InSight Lander

SolAero Technologies Corp. (SolAero), a leading provider of high efficiency solar cells, solar panels, and composite structural products for satellite and aerospace applications, is proud to have supplied the solar panels on the NASA Insight Mars Lander. The Insight Mars Lander successfully touched …

SolAero Technologies Blogs

SolAero makes history with solar panel that powered first successful flight on Mars.

SolAero Technologies Corp. was a part of history on Monday.  The Albuquerque-based solar cells and panels company led the charge in creating and manufacturing the solar panel that facilitated the first ever powered, controlled flight on a planet other than Earth, according to a news release. Ingenui…

SolAero Technologies Powers OneWeb’s Satellite Constellation

AP NEWS – SolAero Powers OneWeb’s Satellite Constellation Albuquerque, New Mexico, March 25, 2021 – SolAero Technologies Corp. (SolAero), a leading provider of high efficiency solar cells, solar panels, and composite structural products for satellite and aerospace applications, congratulates the tea…

The Best Inventions of 2020

Ready for Takeoff – NASA Ingenuity Helicopter NASA Ingenuity Helicopter: The 100 Best Inventions of 2020 | TIME The coolest helicopter on earth is actually nowhere near the Earth. It’s nestled in the belly of NASA’s Perseverance rover, set to land on Mars early next year. The little machine—dubbed ­…

From New Mexico to Mars

BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Published: Sunday, November 15th, 2020 at 9:02pm NASA’s new Mars 2020 mission has New Mexico written all over it. The spacecraft carrying NASA’s latest Perseverance rover is scheduled to reach the Red Planet this February after launching from Cape Canav…

Business Focus Magazine – To Boldly Grow

The post Business Focus Magazine – To Boldly Grow appeared first on SolAero Technologies.

Via Satellite – Maxar selects SolAero for Power and Propulsion Element of NASA Gateway

Maxar selects SolAero for Power and Propulsion Element of NASA Gateway SolAero Technologies, a provider of  solar cells, solar panels, […] The post Via Satellite – Maxar selects SolAero for Power and Propulsion Element of NASA Gateway appeared first on SolAero Technologies.
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SolAero Technologies Frequently Asked Questions

  • When was SolAero Technologies founded?

    SolAero Technologies was founded in 1998.

  • Who are SolAero Technologies key executives?

    SolAero Technologies's key executives are Brad Clevenger, Jeff Lassiter and Pravin Patel.

  • How many employees does SolAero Technologies have?

    SolAero Technologies has 180 employees.

  • What is SolAero Technologies revenue?

    Latest SolAero Technologies annual revenue is $100 m.

  • What is SolAero Technologies revenue per employee?

    Latest SolAero Technologies revenue per employee is $555.6 k.

  • Who are SolAero Technologies competitors?

    Competitors of SolAero Technologies include Launch Tech Space, SSC and Deywoss One.

  • Where is SolAero Technologies headquarters?

    SolAero Technologies headquarters is located at 10420 Research Rd SE, Albuquerque.

  • Where are SolAero Technologies offices?

    SolAero Technologies has offices in Albuquerque and Alhambra.

  • How many offices does SolAero Technologies have?

    SolAero Technologies has 2 offices.