Solace Power Inc. is a technology company focused on designing, developing, and manufacturing wireless power solutions that deliver contactless energy to a wide variety of devices and systems. Its core technology is adaptable to multiple market verticals, with the article highlighting automotive, telecommunications, and aerospace use cases. The firm positions itself as a global leader in wireless power and aims to transform how electronics are powered by eliminating the need for physical connectors or charging cables. Following a recent strategic investment from Boeing, Solace Power plans to open a new production facility that could double its workforce during 2026, indicating an aggressive scale-up in manufacturing capacity. The expansion is intended to support entry into additional industries and sectors beyond its current focus areas. Although the company has not released revenue or customer metrics, the $10.3 million funding signals strong commercial validation and provides capital for continued R&D and market expansion.

Total raised

$13M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2026