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Security Type
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Non-Voting Equity
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Categories
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Technology, Sustainability
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Min Investment
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$300
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Offering Date
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September 11, 2022
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Expected Close Date
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June 19, 2024
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Target Raise
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$15.00K-$618.00K
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No. Investors
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347
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Security Price
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$0.21
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Valuation
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$24,528,312
- Number of Employees
- 8
- Cash
- $5,595
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $40,000
- Net Income
- $-287,509
Company Description
Stellaris is developing ClearPower™, a fully-transparent, electricity-generating window. With its high power-density and transparency, ClearPower™ is uniquely designed to meet the urgent need for buildings to generate their own green electricity and stop using fossil fuels for heating. Our goal is to enable every window to be a power plant. Stellaris is currently pre-revenue and its technology is patent-pending and not yet available for commercial use.
Perks
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$250+ 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.
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Friends and Family Early Birds
Invest within the first two weeks and receive 15% bonus shares.
13
days
9
hours
50
mins
24
secs
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$1,000+ Investment
$1,000+ 5% Bonus Shares + Private Owners Group (bi-monthly investor newsletter, invitations to trade shows, and more)
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$2,500+ Investment
$2,500+ 10% Bonus Shares + Private Owners Group.
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$10,000+ Investment
$10,000+ 15% Bonus Shares + Private Investor Call with Founder + Private Owners Group.
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$25,000+ Investment
$25,000+ 20% Bonus Shares + Private Investor Call with Founder + Private Owners Group.
Key Deal Facts
The high transparency and power output per unit area of ClearPower™ has garnered enthusiastic letters of support from major glass manufacturers for its promising technology within the photovoltaic industry.
The global market for Building-Integrated Photovoltaic (BIPV) windows is expected to grow significantly (16.0% CAGR) and is projected to reach $13B by 2028.*
Stellaris currently holds three patents for photovoltaic device technology and has accrued more than fifteen years of experience developing solar photovoltaic (PV) equipment, during which we became a national first prize winner of the Cleantech Open, the world’s largest clean technology accelerator program.
Management Team / Advisory Board Bios
James W. Paull
Director and Treasurer
James is currently Senior Business Development Manager for Good Harbor Group. Previously, he was Senior Vice President at GQR Global Markets and Business Development Executive at Medicus Healthcare Solutions. He has also been Operations Manager for Stellaris. James holds a BA from UMass Lowell.
Jeannette P. David
Director and Secretary
Jen is Assistant Vice President and Claims Counsel for Sompo International. She was formerly Senior Claims Specialist at Liberty International Underwriters and a Senior Analyst at AIG. She holds a JD and a Masters degree in energy, environment, and natural resources from Vermont Law School and has a BA in environmental studies from Union.
Peter Morse
Senior Design Engineer
Peter is a Senior Engineer sopecializing in in designing machines for automated production. machines. He is Principal Engineer at food processing machinery manufaturer Pearce Processing and was formerly Principal Module Area Engineer for Evergreen Solar. He has a BS in mechanical engineering from Tufts.
Marco Endara
Senior Production Engineer
Marco is in charge of solar cell and window component machinery operation, analysis and design. Prior to Stellaris, he was the Operations and Technical Manager for module assembly at Evergreen Solar. Marco has extensive experience in manufacturing operations, engineering and equipment controls design. He has a BS in electrical engineering from the City College of New York and an MBA from Worcester Polytechnic Institute.
Rob Janoch
Senior Manufacturing Engineer
Rob is a principal at Janoch Engineering. Recently, he was President of the solar testing equipment manufacture BrightSpot Automation, and fromerly was Senior Engineer at Evergreen Solar where he specialized in laser processing of solar cells. He has a BS in engineering and applied science from Yale and an MS in mechanical engineering from MIT.
Arnold Wallenstein
Legal and administrative; Member Board of Advisors
Arnie is currently the Principal Member of the Enegry Law Group in Boston, MA. He was Senior VP and General Counsel for Advanced Power Services (NA) Inc. and was formerly Assistant General Counsel for Thermo Electron Corporation (now Thermo Fisher Scientific). He was a co-founder of Industrial Energy Corporation and was a member of energy law firms. He has over 40 years as a lawyer and legal executive for companies in the energy business. He holds a BA from University of Massachusetts, Amherst, an MS from the Harvard School of Public Health in Environmental Health Sciences, and a JD from Harvard Law School.
Craig Fifield
Senior Prototype Technician
Craig handles prototype design, construction and testing. Prior to joining Stellaris Craig worked as the Prototype Specialist for Robert Bosch LLC where he created working prototypes used in research and development of various automotive systems, with over 25 years of diversified design and fabrication experience. He has a BA degree from the University of New Hampshire and an AS degree in Furniture Design and Fabrication from the Wendell Castle School.