Solasta

Solasta is a privately held venture-funded company based in Newton, Massachusetts. Founded in 2006, the company employs fewer than five people and has generated revenue of approximately $0.5 million. Solasta focuses on the commercialization of innovative nanostructured solar cells, a technology that deviates from traditional planar solar cell designs. Solasta's core product is a novel type of solar cell distinguished by its three-dimensional structure built upon a substrate of nanostructured materials. This unique configuration enhances cell efficiency by separating the pathways for light absorption and carrier extraction. The company's patented and trade-secret protected solar cell technology holds the potential to significantly improve solar energy conversion efficiency. Solasta's development has been supported by several key milestones, including Series A funding from Kleiner Perkins Caufield & Byers and two grants from the U.S. Department of Energy's National Renewable Energy Laboratory (DOE/NREL). These grants have facilitated the advancement of the company's product development. For more information about Solasta and its advanced solar cell technology, visit their website at solastacorp.com.