Verde Technologies pivots from rooftop solar to space market
Verde Technologies
Vermont's Verde Technologies is shifting its perovskite solar-panel business from rooftops toward satellites, naming a new CEO to lead it.
what happened
Per SpaceNews, Verde Technologies, a University of Vermont spinoff making flexible perovskite thin-film solar panels, is shifting focus from commercial rooftop and solar-farm work to the space market, naming former Honeywell executive Jean-Noel Poirier as CEO effective July 8, 2026. The company says its cells have a better power-to-mass ratio and higher radiation tolerance than silicon, and lower cost than gallium arsenide space cells, and has completed an undisclosed funding round this year supporting early space-customer projects.
why it matters
Verde's performance figures are the company's own claims, not independently verified, but a viable perovskite alternative to silicon and gallium arsenide could matter to satellite bus makers chasing power-to-mass gains, if it clears space qualification.
for who
Satellite bus and power-system suppliers
signal-to-noise
quick facts
- Companies
- Verde Technologies
- Category
- product
- Impact
- noise
- SNR
- 4 / 5
- Event date
- 2026-07-02
- Published
- 2026-07-06 12:46 UTC