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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, concentrating triple-junction solar cells for terrestrial applications.
TypePrivate
Founded1998
HQAlbuquerque, NM, USMap
Websitesolaerotech.com
Employee Ratings2More

Recent NewsAll News

Latest Updates

Employees (est.) (Jan 2021)172(+3%)
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
John Klingler

John Klingler

Vice President of Information Technologies
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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

a year ago

SolAero Technologies investors

GSO Capital Partners, The Carlyle Group, First Eagle Private Credit, Ares Management Corporation
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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%
show all
Show all financial metrics

SolAero Technologies Operating Metrics

Feb, 2017Feb, 2018Dec, 2018Sep, 2019Mar, 2020

Space Missions

91 380 480

Solar Module Production Capacity for Space Missions, kW

500 600 600 600

Flight Solar Cells Manufactured Yearly

300 k300 k

Clients

39 30
Show all operating metrics

SolAero Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Vanguard Space TechnologiesMay 11, 2016
Alliance Spacesystems

SolAero Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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SolAero Technologies Online and Social Media Presence

SolAero Technologies's Trends

Embed Graph

SolAero Technologies Company Culture

  • CEO Rating

    A+

    100/100

  • Compensation

    B

    78/100

Learn more on Comparably

SolAero Technologies News and Updates

April 16, 2019

SolAero Technologies Corp Announces a Change of Control

ALBUQUERQUE, N.M., April 16, 2019 /PRNewswire/ -- 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...
November 27, 2018

SolAero Technologies Solar Panels Powering the NASA Mars InSight Lander

ALBUQUERQUE, N.M., Nov. 27, 2018 /PRNewswire/ -- 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...

SolAero Technologies Blogs

December 15, 2020

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 ­…
November 17, 2020

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…
January 06, 2020

Business Focus Magazine – To Boldly Grow

The post Business Focus Magazine – To Boldly Grow appeared first on SolAero Technologies.
August 27, 2019

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.
August 27, 2019

SolAero Awarded Contract to Supply SPMs to Maxar Technologies for NASA’s Power and Propulsion Element

SolAero Maxar PPE Contract Award Press Release – 8.20.19 Albuquerque, New Mexico, August 20, 2019 – SolAero Technologies Corp. (SolAero), […] The post SolAero Awarded Contract to Supply SPMs to Maxar Technologies for NASA’s Power and Propulsion Element appeared first on SolAero Technologies.
December 20, 2018

Happy Holidays from SolAero Technologies!

Happy Holidays from SolAero! The post Happy Holidays from SolAero Technologies! appeared first on SolAero Technologies.

 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 172 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 $581.4 k.

  • Who are SolAero Technologies competitors?

    Competitors of SolAero Technologies include ASTRA, United Launch Alliance and Blue Canyon Technologies.

  • 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.