Solstar Space Company on Wefunder

Pioneering the technology to create a 'space wide web'

Raise to date: $24,710

Reporting Date: 06/30/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$535,000

Likelihood of Max Likely
Start Date

06/26/2020

Stop Date

09/18/2020

Days Remaining

75

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

69

% of Minimum Raised

49%

% of Maximum Raised

5%

Dollars Per Day to Reach Max

$6,804

DPD* Committed

$6,178

DPD* Category

$0

DPD* All Companies

$2,143

Kingscrowd Momentum

$24,710

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Solstar Space Company, with a valuation cap of $8 million, is raising funds on Wefunder. The company is tapping the market of secure space communication and creating the space wide web. The technology will allow private companies and researchers to communicate with space assets in a modern and convenient manner. Solstar Space Company was founded by M. Brian Barnett in 2017 and has raised over $500,000 since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $535,000, and the funds will be used for the development of software apps, small sat space communicators, and space station routers. Solstar Space Company has a Space Act Agreement with NASA and has already demonstrated the first commercial WiFi hotspot in space.

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