Space Wi-Fi Startup Aims to Raise $1M Via Crowdfunding Investment Site

Solstar Space Co., the Santa Fe-based tech firm that wants to bring commercial Wi-Fi to space, is offering a stake in the company.

 

Solstar’s founder and CEO, M. Brian Barnett, filed an offering statement June 26 with the Securities and Exchange Commission seeking approval to raise investment capital through the online crowdfunding platform Wefunder.com. Another Santa Fe firm, Meow Wolf, raised more than $1 million on Wefunder, according to a Meow Wolf 2017 financial report online.

 

Barnett is looking to raise $1 million in equity funding through the crowdfunding investment site, he said last week. The campaign is soliciting investments, not donations, he said.

 

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Media Inquiries |
Lisa Dreher | lisa@solstarspace.com | +1 425-442-1301

Investor Inquiries |
Brian Barnett | barnett@solstarspace.com | +1 505-389-2299

Business Inquiries |
Paul Frey | pfrey@solstarspace.com | +1 505-389-2299


ABOUT SOLSTAR SPACE

Solstar Space is the leading commercial space-based connectivity company pioneering the use of persistent communications services for all types of on-orbit assets including satellites, space stations, launch vehicles, and more. We provide an internet connection between spacecraft and Earth-based payload managers, satellite operators, and enable communications for crewed missions in sub-orbit, LEO, and cis-lunar and lunar surface operations.

Our fast, reliable services, space-tested routers, WiFi access points and hotspots, and space-based satellite data relays are being developed to deliver on-orbit connectivity and are supported by 24/7 customer care. These devices are installed on satellites and spacecraft prior to launch to keep crew, spacecraft, and Earth-based satellite operations teams connected. Visit https://www.solstarspace.com.

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