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FTL SOLAR

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Provider of scalable, sustainable and secure renewable energy solutions for critical off-grid to micro-grid apps

Austin, United StatesFounded 2006Energy
Valuation $10–25M Last recorded · 2010
Total funding $50–100M Disclosed equity funding
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About FTL SOLAR

FTL Solar, LLC, established in 2006, specializes in the manufacturing of integrated solar structures and fabrics. The company's origins trace back to FTL Design Engineering, a firm started in the late 1970s by founders Dalland and Lerner, which pioneered techniques in fabric tensile structures. Their early work on a photovoltaic tent attracted the attention of the U.S. military, leading to further research and development funded by the U.S. Army. This experience formed the foundation for FTL Solar, which Dalland and Lerner created, bringing on Tony Saxton as the initial investor and CEO.

The company operates as a vertically integrated entity, handling design, engineering, financing, installation, and maintenance services on an international scale. Its business model focuses on providing solutions for a diverse client base that includes commercial and military users. For the military, FTL Solar has supplied tactical, lightweight solar products, such as the POWERFOLD units for the US Army in Afghanistan, designed to power small electronics in the field. For the consumer and commercial markets, the company offers a range of products adaptable for various uses.

FTL Solar's product line includes portable chargers like the POWERFOLD™ and POWERMOD™, as well as larger systems for rooftops and parking lots. These products are based on a lightweight tensile fabric with integrated thin-film solar panels. This design allows for easy installation without the need for heavy mounting hardware, functioning similarly to a tarp. The offerings range from small, deployable units for off-grid power to large-scale structures. The company has made its products available through direct sales and retailers like Cabelas.com.

Source: Dealroom company data

At a glance

Founded
2006
Headquarters
Austin, United States
Sector
Energy

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • NYSERDA
Team profiled 1 named & role-tagged
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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Global footprint

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Workforce by country
🇺🇸 United States · Austin HQ
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