Company Profile (AI Text) Name: PALM ENERGY SYSTEMS LLC Canonical URL: https://wefunder.com/palm.energy.systems Updated at: 2026-06-06T05:01:04Z Tagline: Game-changer in Green Technology: Developing transformative solar energy devices Elevator pitch: We are creating inspirational and transformative clean energy devices, which will revolutionize the way campuses, communities and electric vehicles are powered within our towns and cities. Invest in us and join us in our journey for a cleaner tomorrow! Key claims: - Total raised on Wefunder: 108724 | citation: https://wefunder.com/palm.energy.systems#claim-total-raised - Total investors: 110 | citation: https://wefunder.com/palm.energy.systems#claim-total-investors Verified facts: - Total raised on Wefunder: 108724 | observed_at: 2026-06-06T05:01:04Z | expires_at: 2026-06-07T05:01:04Z - Total investors: 110 | observed_at: 2026-06-06T05:01:04Z | expires_at: 2026-06-07T05:01:04Z Computed metrics: - total_amount_raised: 108724 - total_investors: 110 - team_size: 5 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 0 Quick facts: - Compelling business proposition for customers with estimated payback of 4-6 years at an ROI of 240% (not guaranteed) | citation: https://wefunder.com/palm.energy.systems#claim-fact-1 - JV with Liberty Access Technologies for electric vehicle green charging ensures strong revenue. | citation: https://wefunder.com/palm.energy.systems#claim-fact-2 - Team with combined professional experience of 125 years. | citation: https://wefunder.com/palm.energy.systems#claim-fact-3 - Pioneering, transformative green energy solution that's projected to be 30%-40% more efficient | citation: https://wefunder.com/palm.energy.systems#claim-fact-4 - Invest in a cleaner future for our children and the children of tomorrow. | citation: https://wefunder.com/palm.energy.systems#claim-fact-5 - Each Palm-e device projected to reduce carbon footprint by over 21,000 pounds of C02 per year. | citation: https://wefunder.com/palm.energy.systems#claim-fact-6 FAQ: - Q: Hi, will the future equity be common or preferred, and will it be LLC membership units? Also, what's your status/timeline in terms of profitability? A: Hi Lucas, thanks for writing in. Future equity will be common shares, which will be LLC membership units. We have prepared detailed financial projections based on which the company will break even in 2024 and be profitable thereafter. Best Rajiv - Q: What are the investment terms of the safe? A: Hi Michael, thanks for writing in. The SAFE has a valuation cap of 5.0 million and a discount of 10%. Best Rajiv - Q: A few questions: 1)Do you have a patent, and if so on what exactly? 2) If you do not have any patents, anyone or company can do something similar, and possibly offer it at a very much lower price. Do you disagree? 3) And where do your solar panels come from? A: Thanks for writing in. We are utility and design patent pending. Our patent applications are comprehensive and cover design, device architecture, engineering and the technology platform that controls, operates and manages the Palm-e Clean Energy System. The solar petals are proprietary. Best Rajiv - Q: Hello, can you give an approximate price including installation, per unit? A: Thank you for your interest. The current best estimate we have is $87,500 per device. This is based on assumptions which may refine during prototype development and engineering optimization. This cost includes installation. - Q: Hello again, if a large shopping mall in the US sun belt installed one of these devices, would you be able to say what the approximate savings per year in electricity costs would be, excluding revenue from charging batteries in electric vehicles, advertising or any other form ... A: Thanks once again for your interest. A single Palm-e device located in San Diego, CA, would save an estimated $969 each year, in electricity costs, over it's life span of 25 years.