Elon Musk Orders Solar Cells for Starmind Satellites from German Singulus for €60 Million
SpaceX has entered into a €60 million deal with Singulus Technologies to supply solar cells for Starmind; delivery to the Texas facility is planned for early 2027.
The order involves delivering the cells to SpaceX’s Starmind satellite production facility in Texas. As part of the partnership, the companies also plan to establish additional facilities and production lines to achieve solar energy capacity of 100 gigawatts.
Singulus Technologies, based in Kahl am Main, develops and assembles equipment for photovoltaics, semiconductors, medical, automotive, and other industries. The company produces heterojunction solar cells, which, according to the source, are suitable for space applications.
Following the announcement of the deal, Singulus shares temporarily surged by 65–80%, increasing the company’s market capitalization to approximately €73 million. For comparison, its revenue for 2025 amounted to €48.3 million.
Starmind is intended to produce satellites that will process artificial intelligence tasks in space and transmit data to Earth via laser channels. The satellites are planned to be equipped with solar wings measuring 75 meters in length. According to SpaceX’s vision, the satellites will use solar energy to power computing modules and reduce the environmental impact associated with terrestrial data centers.
Musk has also stated plans to launch 1 million Starmind satellites into orbit. The source notes that this estimate appears unlikely, and the technology itself has yet to prove its effectiveness. Google is considering a similar concept of using satellites for solar-powered computing.
