GigaWatt Opens Public Investment Round to Scale DIY Solar Platform

Core Insights - GigaWatt Inc. is opening its next growth phase to public investors as the residential solar market reaches a critical inflection point due to federal tax credits phasing down and residential electricity costs rising nearly 40% since 2021 [1] - The company aims to bridge the gap between expensive turnkey installers and basic DIY kits by developing its own branded hardware and software solutions [1] Funding Utilization - The new capital will accelerate the development and certification of GigaWatt's Real Goods branded inverters, batteries, panels, and the Real Goods Hub, a centralized software platform that integrates hardware and AI for enhanced diagnostics and customer support [2] - Additional funding will focus on expanding research & development, engineering, sales, and marketing teams to deliver integrated solar-plus-storage kits that are permit-ready and code-compliant [2] Company Track Record - GigaWatt has built a robust infrastructure over the past twenty years, making solar and storage accessible for homeowners and small installers, generating over $64 million in revenue since 2019, and maintaining strong gross margins with positive net income in both 2023 and 2024 [3] - The company has expanded into a multi-brand platform serving DIY and prosumer customers across the U.S. through brands like Unbound Solar, GoGreen Solar, AltE Store, and Real Goods, the latter of which has a historical significance in American renewable energy [3]