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Solus Power

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Is a cutting-edge and forward-thinking energy movement enterprise committed to supplying innovative, sustainable energy solution to UK and beyond

London, United KingdomFounded 2020Defence
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Solus Power

Solus Power, established in 2020 by CEO Stas Leonidou, is a London-headquartered company specializing in mobile energy solutions aimed at overcoming electric vehicle (EV) charging infrastructure limitations. The founder's direct experience with the scarcity of functional public charging points in London for his own family's EV inspired the company's core mission to mobilize electricity, much like a power bank for a phone. Solus Power operates in the energy and defense sectors, providing portable power solutions for both civilian and military applications.

The company's business model centers on the design, development, and sale of its proprietary portable battery technology. Revenue is generated through sales and strategic partnerships with commercial customers and defense organizations. A key milestone was the successful closing of a £22 million (US$28 million) investment from Dubai-based Petra Equity Partners in June 2024 to accelerate technology development. This followed earlier backing from US investment firm Marbanc International and the launch of a Series A funding round in March 2025 with a target of £5 million. The company's strategy includes forming a robust manufacturing and supply chain to produce its units at scale.

Solus Power's flagship product is the 'Kratos' power unit, a military-grade, ruggedized, and portable Lithium-ion battery pack dubbed the "Jerry can of electricity". Each unit is roughly the size of an attaché case, weighs under 25kg for portability, and is designed to be discreetly placed under vehicles. The core benefit is providing off-grid, DC-to-DC rapid charging for EVs, drones, and other electrical equipment in any location. A unique selling point is the modular and stackable design; multiple Kratos units can be connected in series to scale the energy capacity based on user requirements. The company has also developed a higher-capacity technology called 'Titan' for fleet operators and car hire companies who face challenges with grid connections.

A significant aspect of Solus Power's strategy is its dual-use technology application, targeting both commercial markets—such as car parks and rental agencies—and the defense sector. The company has a Memorandum of Understanding (MoU) with QinetiQ, a major UK defense technology company, to adapt its charging solutions for military use in challenging environments. This collaboration focuses on providing reliable power for an increasing array of electrical military equipment and supporting the shift to electrified fleets, aiming to enhance operational advantage and energy self-sufficiency. The technology has been validated by the UK's Ministry of Defence, winning the 2024 Defence and Security Accelerator competition.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
4
Open positions
None listed
Dealroom signal
52.4/100
Sub-industry
Energy Storage
Sector
Defence, Defence Applications, Sustainable Development Goals, EV Charging, EV Charging Infrastructure, Climate Tech, Dual-Use Tech, NIF defense security and resilience, NIF Energy Security and Climate Change, DT and LS
Technology
Hardware, Deep Tech
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Mar 2025 $7.1M $145M Undisclosed —
EARLY VC✓Equity / VC Jun 2024 $29M $116M Petra Equity Partners ↗
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Growth signals

Solus Power website traffic

Latest recorded traffic for Solus Power is 4.2K monthly website visits, down 50.6% over the last three months. Solus Power's team grew 33.3% over the past year.

Latest monthly visits4.2K 3-month web change-50.6% 1-year team growth+33.3%
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Closest operating peers by Dealroom taxonomy

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LeydenJar TechnologiesUltra-thin pure-silicon anodes enabling batteries with much greater energy density, faster charging, and lower CO₂ output Leiden, Netherlands Operational
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Avalanche EnergyAvalanche Energy is developing a 5kWe fusion power pack called the “Orbitron” in a form-factor the size of a lunch pail. The compact size is a key enabler of scaling for applications including micro-grids, long haul trucking, maritime shipping, aviation and space power and propulsion Seattle, United States Operational
Advanced Material Development (AMD)Nanotechnology platform addressing environmental and societal challenges through collaborative research for unique industrial applications in key areas like advanced sensors, electronics, composites, photonics, functional coatings, and nMark Guildford, United Kingdom Operational
PowerXMaritime power transfer, EV charging, and storage Tokyo, Japan Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

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

Series A2 investors entered at this stage

  • Marbanc International
  • Petra Equity Partners
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇪🇸 Spain50%
🇬🇧 United Kingdom50%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Solus Power on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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