Santa Fe, N.M. • The founder of a Santa Fe-based tech firm that wants to bring commercial Wi-Fi to space is offering a stake in the company.
Solstar Space Co. founder and CEO M. Brian Barnett filed an offering statement with the Securities and Exchange Commission seeking approval to raise investment capital through the online crowdfunding platform Wefunder.com, the Santa Fe New Mexican reports. He filed the offering statement last week.
Barnett said he is looking to raise $1 million in equity funding through the site. The campaign is soliciting investments, not donations, he said, adding: “There are perks.