Dear Investors and Friends,
We realize it has been quite some time since our last update, and we appreciate your patience. We have been hard at work developing our technology and implementing strategic initiatives to propel Rayton Solar forward during this exciting stage for the company.
Our mission is to integrate clean energy into everyday life. As a solar cell manufacturer, we aim to make solar energy cost effective and more efficient by utilizing our patented semi-conductor cutting technique. We believe that our technology has the potential to revolutionize the way electricity is generated around the world.
From our headquarters in Santa Monica, Calif. (pictured above), our people are focused on achieving the highest standards in developing the world’s most cost-effective source of energy. To do that, Rayton Solar can utilize super-semiconductors, such as gallium arsenide (GaAs), that are much more efficient and advantageous than silicon, even capable of charging with indoor lighting.
Our plan is to use our proton accelerator’s high-current ion beam technology to produce thin slices of GaAs with zero waste. This is accomplished by Rayton’s proprietary GaAs solar cell fabrication process that is estimated to shave up to 60% off the per-watt prices of this crucial component of solar systems, resulting with up to 25% greater efficiency than typical processes using silicon, at a significantly lower end cost to end users.
I am pleased to report our accelerator (pictured above) is now fully assembled and undergoing factory acceptance testing. We anticipate accepting the accelerator at our site in Santa Monica upon completion of the testing. While we do not yet have a timeframe for completion of the testing, we do know that the company will need to raise additional capital to secure its delivery and commence the manufacturing of our pilot line.
In the coming months, we will keep investors informed about our next round of fund raising, which may provide an opportunity to increase your investment if you so wish, as well as the results and timing of the accelerator testing.
Spearheading the testing is Rayton Solar’s newest team member – Dr. Joshua McNeur. Dr. McNeur will support Rayton Solar as the Accelerator and Design Engineer leading the operation and characterization of our unique high-current ion source. He received his Ph.D. from UCLA, with a research focus on accelerator and charged beam physics. He brings over 10 years of experience in designing, characterizing and operating various forms of particle accelerators.
Dr. McNeur will be training on the accelerator in Madison, Wisc. where it was manufactured by Phoenix Nuclear Labs. To learn more about Dr. McNeur’s research, I encourage you to visit our blog where you can access a paper he recently authored that was published in the prestigious journal Optica.
As I look ahead to the next several months, I know our team will be very busy further developing our technology, and I’d like to express our tremendous gratitude to you, our friends and investors, for your continued support.
We look forward to keeping you posted on our progress.
CEO and Founder