SpaceX orders solar cell line from Singulus for Starmind satellites

what happened

SpaceX has signed a supply agreement with the German equipment maker Singulus Technologies for a complete production line that will make heterojunction (HJT) solar cells for its Starmind satellite network, Singulus announced on Tuesday. The work will support the growing satellite output at SpaceX's plant in Bastrop, Texas.

The first line is due in the first half of 2027 and carries an order value above €60 million ($67 million). Singulus says it plans to supply several more lines under the partnership formed in March 2026, and SpaceX provided it funding that month and again in October 2026.

Starmind is designed as an orbital data center that runs computing workloads on solar power. SpaceX has asked the US Federal Communications Commission for permission to operate as many as one million of these satellites, with first launches expected in the second half of next year. Shares of SPCX trade near $142, above the June IPO price of $135 yet far under their record near $225. According to Stocktwits, retail sentiment over the past day stayed bullish, and message volume remained high.

why it matters

For investors, the deal shows SpaceX building out its own satellite manufacturing and funding key suppliers. For Singulus, it is a sizable order that adds visibility to its pipeline. The contract is well under $1 billion, but it ties the company to a new bet on computing in orbit, which keeps attention on the stock.

market impact

SPCX and Singulus: a large solar cell line order points to ramped-up satellite production.

tags

instruments

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