What Happened
New Technologies And Players Emerge In High Value Market
The space solar industry is experiencing a surge in investment and activity, with new technologies and players emerging. The sector is driven by growing demand for low-Earth orbit satellites and the need for efficient and sustainable power sources. Companies like York Space Systems and Solestial are developing innovative space-solar solutions, while perovskite PV is showing promise for space applications. The US Department of Energy has launched a $12 million grant opportunity to accelerate technical innovation and expand domestic manufacturing capabilities for space solar, as reported by pv magazine USA.