Question 1

How much does a window with this technology cost compared to a standard window in an office building context?

Accepted Answer

Hi Jesse: Thanks for your question. ClearPower is an add-on to a standard insulated glass window. Installed, standard IGUs typically go for $50 to $80 per square foot. ClearPower will add another $20 to $25 to that cost. As of right now, the 30% Federal Investment Tax Credit would pay for most if not all of the additional cost, but if the Senate follows recent legislation that just passed the House, that will go away.

Question 2

Hi, I noticed in the past your team have raised 6 million in funding. What/ how did you guys use that capital in % breakdown? Where did it all disappear to? What's the cost of a window from your company compared to a modern regular window of the same dimension? Can it withstan...

Accepted Answer

Hi Eric – Lots of questions! Let me see how I can do… We received a Series A venture round in late 2007 to develop a unique solar module that used optics to reduce the amount of silicon needed. We finished the development of that product and built a pilot manufacturing line. At the time, silicon was $400/kg, so it seemed like a good idea at the time. Unfortunately, silicon came down to $40/kg and the Chinese blew out almost all North American and European manufacturers, so we downsized to fig...

Question 3

Hi Jim, Thank you again for taking the time to answer my previous questions. I have a few more points I'd like to clarify before making a final decision on whether to proceed with the investment. To ensure I understand correctly: since your company is partnering with window ma...

Accepted Answer

Eric - More good questions. You're absolutely right, our target market is large, commercial windows as that minimizes the balance-of-system wiring costs. We keep the voltage in the windows very low and then, like many residential solar installations, use commercial micro-inverters to change the low-voltage DC to higher voltage AC. Wiring to a panel in a building is also similar to residential applications, but of course will depend on building construction. And you're also correct that our im...

Question 4

Hi Jim, Thanks again for your time and all the thoughtful answers so far — they’ve really helped me understand the technical and product side of Stellaris more deeply. As I wrap up my due diligence, I just have a few final business-related questions to help round out the pictu...

Accepted Answer

Eric - Not a problem at all; you're asking all the right questions. Cost structure and scalability - our team is very experienced in scaling solar manufacturing (Evergreen, Daystar Technologies) and we have a robust plan to scale up from where we are now. And some pretty thorough pro forma cost projections. Having said that, we don't necessarily see ourselves as a manufacturer long-term. We want to keep all options open, but we think the most likely liquidity option for use is not the two tha...

Question 5

HI Jim, I'm intrigued. Can you tell us about your IP Portfolio? Thanks. Blessings

Accepted Answer

Sure. Perhaps the best way is to go on the USPTO's website and either search for "Stellaris Corporation" as assignee or "James Paull" as inventor

Stellaris Corporation

Transparent solar windows enabling buildings to generate their own clean energy

$273,040

Stellaris Corporation

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