Diligence memo · auto-generated · as of July 3, 2026
Solar Transport Systems Inc.
Solar Transport Systems Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Solar Transport Systems Inc. operates in Climate / Cleantech, based in PALM BAY.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Solar Transport Systems Inc. has raised $450K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $450K on 2024-09-17.
Most recent recorded round closed around 2024-09-17.
Valuation (modeled)modeled
Provath models Solar Transport Systems Inc. at approximately $1.7M (range $276K–$5.5M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.83× the median modeled value of Pre-Seed Climate / Cleantech companies in 2022–2024 (9 peers) — value vs value, same stage and era. Within the normal band (83% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 21 mo ago; this sector typically re-raises about every 9 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 47% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 45% of those peers.
Closest niche peers: Stable Foods, Solarbox, Crossroads Solar Enterprises, Inc., Battery Electron Transport Associates, Inc., Stardust Solar Energy Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.