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October 03, 2006
Miasole to Go Public
Miasole, San Jose, CA, a CIGS solar cell developer (previous post) and one of the darlings of the investment community, will try to do an IPO within 12 to 18 months, according to CEO David Pearce. In May they announced that they had raised about $16 million in a round led by Kleiner Perkins Caufield Byers. The timing is pretty good because of the high demand for solar cells and the shortage of silicon used by most solar cell suppliers. Copper indium gallium selenide (CIGS) cells do not contain silicon and unlike silicon solar cells, CIGS cells can be printed on flexible sheets of foil or other material....Posted by dymaxion at October 3, 2006 11:14 PM