YouSolar

YouSolar sells PowerBloc, an independent solar+battery nanogrid that delivers clean and resilient power for the home or business. It can seamlessly blend solar, utility, and generator power on its efficient direct current architecture. The PowerBloc’s future patented stackable modules will allow for easier shipment and plug-and-play installation. 

The company sells PowerBloc which is an innovative product. The PowerBloc’s modules integrate one or multiple solar arrays, bring in utility and generator power, step the potential of the batteries up and down, or connect multiple cabinets. The stackable modules is the company’s next big idea for solving power distribution effectively at a large scale. 

The industry is very competitive. The industry landscape includes many companies in different solar and battery market areas. These competitors include large, well-funded public companies, such as Enphase, Tesla, LG Energy Solutions, and Panasonic. However, the systems currently offered by these competitors include much heavier battery units than those of the PowerBloc and are more complicated to install. The competitors’ systems also do not allow for easy integration of multiple power sources, especially generators. 
The four most recent sales have averaged $180,000 per PowerBloc. 

The company has generated revenue of $273,713 in 2022 from the installation of six residential PowerBlocs. Gross margins for fiscal year 2022 were -112% caused by the loss-leader nature of the first series of residential projects. The traction for the product is yet to be seen and therefore is difficult to comment on.

StartEngine OWNERS Exclusive Click here to learn more $349+ Investment StartEngine Owner’s Bonus This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below. $349+ Investment All Investor Owners Club 20% or 10% discount on a PowerBloc® system (excluding solar panels and installation charges), if purchased in by 1 December 2022 or 1 December 2023, respectively, for U.S. delivery or Free-on-Board, Santa Clara, California, for all international dest $700+ Investment First Tier YouSolar-branded Organic T-shirt. Some colors are not available in organic cotton. $1,500+ Investment Second Tier YouSolar T-Shirt and Visor or Trucker Hat $3,500+ Investment Third Tier YouSolar T-shirt or Hoodie and Visor or Trucker Hat and Coffee Mug $7,500+ Investment Fourth Tier + 5% bonus shares. YouSolar-branded titanium sports bottle $27,500+ Investment Fifth Tier + 10% bonus shares. Wonderfully crafted, stackable model of the PowerBloc® for your desk. (Works as a "stress toy" or paperweight.)

The company plans to use the proceeds for sales and marketing, R&D, operations, and platform fees.

Arnold Leitner, CEO, President, and Chairman of the Board
Arnold is a solar and clean-tech pioneer. He designed and built one of Germany’s first super-efficient passive houses. As a consultant for S&P Global, he authored the seminal and influential study Fuel from the Sky for the U.S. Department of Energy (DOE). In 2005, Arnold founded SkyFuel and re-invented concentrating solar power technology. SkyFuel’s high-precision parabolic trough uses mirror film technology licensed from the National Renewable Energy Laboratory (NREL) instead of glass mirrors and won an R&D 100 Award. SkyFuel exited in a sale in 2015. Arnold founded YouSolar to build a solar nano-grid with a highly innovative power architecture that is modular and scalable. Arnold holds a Ph.D. in Physics from C.U. Boulder and an MBA from Columbia. He is a second-time founder with a previous exit. He currently works full-time at You Solar.

The management team is strong and competent.