Overview
- Singulus confirmed in a mandatory filing that SpaceX has placed a binding order worth more than €60 million for a turnkey heterojunction (HJT) solar‑cell production line with first delivery scheduled in the first half of 2027.
- The announcement sent Singulus shares sharply higher on Wednesday, November 11, 2026, with intraday gains reported around 55–65 percent as investors re‑priced the company around a single large contract.
- SpaceX has supported Singulus financially this year, including an earlier infusion and a reported subordinated, secured loan of about €22.75 million in October, signaling a closer commercial and financing relationship between the firms.
- Both companies describe a long‑term aim of building more than 100 GW per year of HJT capacity, but that target is aspirational because additional production lines and large‑scale deliveries have not yet been contracted.
- HJT cells combine silicon layers to raise solar efficiency and are useful for satellites and high‑efficiency terrestrial uses, so the order could materially lift Singulus’s business if it can deliver industrial‑scale lines and avoid dependence on a single major customer.