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Ibadan, 14 May 2024. – Source Energy, a supplier of space solar arrays, has emerged from stealth mode and revealed the orbital success of the primary solar arrays it supplied for commercial partner Impulse Space. The Company aims to provide the industry with an assured supply of solar panels, deployable solar arrays, and space-hardened photovoltaic (PV) modules at a dramatically lower cost, and higher reliability than what is currently available.
Impulse Space is opening access to space through its fleet of in-space transportation vehicles, and Source Energy supplied the solar panels that power Mira, Impulse’s first Orbital Transfer Vehicle (OTV). Mira recently achieved a significant milestone in successfully completing its inaugural mission, LEO Express-1.
In the lead-up to the company’s market debut, Source Energy also secured $6.5 million in June 2023 as part of its Seed funding round. Led by Alpine Space Ventures, the funding enabled the company to expand its product family, grow its customer base, and address additional market segments. The company announced that Bulent Altan, Founding Partner at Alpine Space Ventures and former VP of Avionics at SpaceX, joined Source Energy’s Board of Directors. To date, Source Energy has delivered primary power solutions to five spacecraft manufacturers, two of which have flown in space.
Speaking on Source Energy’s transition, Philip Keller, co-founder and CEO, said, “As we transition from stealth, we’re happy to demonstrate our capabilities to the entire space industry. It’s a privilege to have Impulse Space as a customer who was willing to power their first spacecraft using Source solar panels.” The Source Energy also added, “Their trust in Source as a supplier for their Mira spacecraft speaks volumes. We are dedicated to being the most dependable supplier in the industry, and we’re thrilled to support Impulse and their vision for this market.”
