Troy, United States
Virtus Solis Technologies, founded in 2019, is a bold innovator in the Renewable Energy and Sustainability sectors. Their slogan, "A space solar power company," encapsulates their pioneering mission to transform the global energy landscape by delivering clean, cost-effective solar power from space. The company aims to directly replace primary energy production with this innovative solution, targeting both terrestrial and extra-terrestrial applications.
Given the current dependency on fossil fuels, which power 85% of the world but in a non-sustainable manner, Virtus Solis seeks to offer a disruptive alternative. Their technology addresses the intermittency issue of terrestrial renewables, offering a solution to energy poverty and promoting sustainable growth across a sprawling $8 trillion market. Headquartered in the United States, they garnered attention with a recent Seed Round investment on March 11, 2024, led by Urban-x, further indicating the strong investor confidence in their groundbreaking approach.
