Overview
- Singulus said on Wednesday, Nov. 11 that SpaceX placed a binding order worth more than €60 million for a turnkey heterojunction (HJT) solar‑cell production line.
- SpaceX and Elon Musk say the equipment will produce HJT cells for Starmind — space‑based AI/data‑center satellites — with the first line slated for delivery to Bastrop, Texas in H1 2027.
- The announcement sent Singulus shares sharply higher, roughly 65–80% intraday, and follows earlier SpaceX financing for the company including an October loan of about €22.75 million.
- Only the initial production line is contractually firm; SpaceX and Singulus describe a strategic partnership that could lead to many more lines and potential build‑out toward 100 gigawatts of annual cell capacity if orders follow.
- Singulus is a small German specialty equipment maker that returned to a modest profit in early 2026 after a 2025 operating loss, recently saw a major Chinese investor exit, and now faces the operational, financing and regulatory challenges of scaling to meet SpaceX’s ambitions, including pending FCC filings for the Starmind constellation.