- Went public, Oct 2017
- Raised $200k grant, Jan 2023
- Raised $214k grant, Jun 2015
About
Apollo Power develops and manufactures photovoltaic (PV) technology, including flexible and ultra-light solar cells. These solar cells have high efficiency rates and are designed to meet a broad range of energy production needs across various industries. Apollo Solar Roll is specifically designed to fit any lightweight structure with load limits or extra - curved surfaces.
Apollo also collaborates with OEMs like Audi, Hyundai, Renault, and CEVT to incorporate solar technologies in different parts of vehicles. These solutions can help charge vehicle batteries, demonstrating the company's commitment to finding innovative ways to integrate solar power into various industries.
In 2023, Apollo Power established a factory for mass-producing solar panels. This 10,000-square-meter facility, located in the Mevo Carmel Science and Industry Park in Yokneam in northern Israel, was built at a cost of NIS 100 million ($30 million) and is designed to increase the production of flexible solar panels.
Funding history · 5 rounds · $414K total
Q&A
- What is Apollo Power's primary business?
- Apollo Power develops and manufactures photovoltaic (PV) technology, including flexible and ultra-light solar cells, designed for various industries and structures with load limits or curved surfaces.
- When did Apollo Power establish its factory for mass-producing solar panels?
- In 2023, Apollo Power established a 10,000-square-meter factory in the Mevo Carmel Science and Industry Park in Yokneam, northern Israel, for mass-producing flexible solar panels. The facility was built at a cost of NIS 100 million ($30 million).
- What was Apollo Power's most recent funding event?
- Apollo Power received a Grant in January 2024, with Lippert as an investor.
- What is Apollo Power's employee count?
- Apollo Power has 51-200 employees.
- What is Apollo Power's market capitalization?
- Apollo Power's market capitalization is $107,223,824.
- When did Apollo Power become a public company?
- Apollo Power became public on the TASE in October 2017, following its merger with Or City Holdings Ltd.
- Has Apollo Power partnered with any automotive OEMs?
- Yes, Apollo Power collaborates with OEMs like Audi, Hyundai, Renault, and CEVT to integrate solar technologies into vehicles for battery charging.
- Did Apollo Power secure an order from Amazon?
- In February 2022, Apollo Power's subsidiary SolarPaint received a €750,000 order from Amazon in Europe for the design, delivery, and installation of flexible solar energy systems at an Amazon logistics center in France.
- What was a significant partnership for Apollo Power in March 2024?
- In March 2024, Apollo Power signed an agreement worth 600,000 shekels to supply and install solar panels on the Sylvan Adams Velodrome in Tel Aviv, as part of the Tel Aviv Municipality's energy efficiency program.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | apollo-power.com |
|---|---|
| linkedin.com/company/11376684 | |
| facebook.com/ApolloPowerEnergyEverywhere | |
| YouTube | youtube.com/@apollo3981 |
Identifiers & details
| Former names | SolarPaint |
|---|---|
| Founded | 2014-5 |
| Employees (exact) | 62 |
| Market cap | $107.2M |
| Status reason | Public on TASE on Oct, 2017 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| 2017-10 |