SINGULUS Wins SpaceX Solar Cell Production Line Order Worth More Than €60 Million
Key Facts
SINGULUS said on November 10, 2026, that it had signed a supply contract with SpaceX covering a complete production line for heterojunction (HJT) solar cells, with the first line order worth more than €60 million. The company said the line is part of a broader supply agreement between the two parties. The announcement links the order to SpaceX’s accelerated satellite manufacturing in Bastrop, Texas. SINGULUS is targeting delivery of the first line in the first half of 2027. The delivery date places the order’s industrial execution next year, while the value of more than €60 million applies to the first line.
SINGULUS said the strategic partnership includes plans to supply multiple additional production lines. The announcement did not specify the number or value of those lines, so the order worth more than €60 million remains the disclosed commitment for the first line. The company also said production would expand to support production equipment exceeding 100 gigawatts as satellite manufacturing accelerates in Texas. That figure relates to the production equipment targeted by the expansion, not the capacity of the first line alone. The company said the cooperation includes developing high-performance solar cells and their production equipment, based on technologies it described as widely used.
The contract covers an integrated line for producing HJT cells, the technology at the center of the new order. In its results presentation, SINGULUS described the line’s components as including wet-chemical processing systems, along with horizontal PECVD and PVD deposition systems for processing cells and adding their layers. The company said wet-chemical processing and deposition using these technologies are key elements in achieving higher efficiency in converting sunlight into electricity. This description provides technical context for the line it will supply to SpaceX. The contract announcement did not specify a target efficiency or production specifications for the first line.
The order comes as SINGULUS’s results showed a divergence between revenue in the previous year and the first quarter of the current year. The company reported revenue of €48.3 million in 2025, down from €75.9 million in 2024. In the first quarter of 2026, revenue rose to €21.8 million from €16.4 million in the same period of 2025. New orders totaled €28.8 million in the first quarter of 2026, compared with €6.4 million a year earlier. The order backlog stood at €69.5 million on March 31, 2026, compared with €67.4 million on March 31, 2025.
The company had forecast in May 2026 that annual sales would rise to about €83 million in 2026, from €48.3 million in 2025, with operating profit in the low single-digit millions. That forecast predates the SpaceX order announcement, and the contract announcement did not mention any revision to the annual outlook. As background to the commercial relationship, SINGULUS said its strategic partnership with SpaceX began in March 2026. It added that SpaceX provided financing to the company in March, followed by additional financing in October under a previously announced subordinated secured loan. This combines earlier financing with a disclosed equipment order, while the company did not specify the value of the planned additional lines in its announcement.
SPCX shares closed at $143.09 in the November 10, 2026, session, according to EL7 data. The closing price came on the day the contract was announced, while the news data contain no verified prices for the stock’s session high or low. The next execution milestone is delivery of the first line in the first half of 2027, according to the schedule announced by SINGULUS. The company also said it plans to supply multiple additional lines under the partnership, without specifying their timing or contract value. It linked the production expansion to SpaceX’s accelerated satellite manufacturing in Bastrop, Texas.