Perovskite solar panel startup Verde Technologies shifts focus to space
AI-summarised brief · reviewed before publication
Verde Technologies, a perovskite solar panel startup, is shifting its focus from terrestrial applications to space, aiming to power orbital data centers and large constellations. The company has completed terrestrial trials and received funding from US government agencies, but sees a more compelling market in space due to the high power-to-weight ratio and radiation tolerance of perovskite technology. Former Honeywell executive Jean-Noël Poirier will join as CEO, while cofounder Chad Miller will take on the chief technology officer role. Verde anticipates hundreds of gigawatts of demand for space solar power in the coming years.
💡 Why It Matters
- · Verde's pivot to space solar power could enable the widespread adoption of orbital data centers, reducing the environmental impact of these power-hungry infrastructure systems on Earth.
- · By providing a low-cost and efficient source of power in space, Verde can help avoid resource conflicts and support the fight against climate change.