Solaren Corporation Announces Tentative Procurement Schedule for SSP Design & Demonstration Phase

MANHATTAN BEACH, June 8, 2016 – Solaren Corporation (“Solaren”) has announced a tentative procurement schedule for it’s Space Solar Power (SSP) Design and Demonstration Phase.

Solaren anticipates the closing of a multi-million dollar investment round in 2016, which will fund our SSP Design & Demonstration Phase. Solaren expects procurement activities to begin early in 2017, and for contract awards as early as the second quarter of 2017.

Solaren plans multiple awards for the engineering development of several types of high performance power conversion devices such as space qualified solar cells and solid state power amplifiers (SSPAs), antennas, and ground receivers that directly convert RF power into electricity. Also, Solaren plans multiple awards for the engineering design studies of several key solar power satellite subsystems.

Further information and updates on Solaren’s SSP Design and Demonstration activities should be available in late 2016 on our website at www.solarenspace.com/suppliers

About Solaren

Headquartered in Manhattan Beach, California, Solaren is an energy and aerospace company that is principally engaged in the research, design, development, integration and operations of space solar power plants, and the sale of clean baseload space solar electricity.

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