What Perotech does

Perotech is a UNC Chapel Hill-based startup founded in 2018 and headquartered in Chapel Hill, North Carolina, that develops metal halide perovskite materials for two end-markets: photovoltaic solar energy conversion and direct-conversion X-ray imaging. The company's solar portfolio includes perovskite solar modules (with single-junction cells exceeding 26% efficiency and perovskite-silicon tandem architectures exceeding 33%), a PeroTech Energy line for bifacial and agrivoltaic applications claiming 10-30% higher energy harvest than conventional systems, and solution-deposited perovskite thin films. The X-ray portfolio includes direct-conversion perovskite X-ray detectors, single crystals with sub-1% spectral resolution at 662 keV, polycrystalline films, and nanocrystals; the company claims over 100,000× better charge transport efficiency than amorphous selenium and 1,000× higher detection sensitivity. Underpinning both lines is a patented low-temperature solution deposition process that the company says enables large-area, low-CAPEX manufacturing and field-validated durability, including zero efficiency degradation after 200 days of continuous exposure as tested under the NREL PACT program.

Perotech monetizes primarily through B2B sale of perovskite materials (single crystals, polycrystalline films, nanocrystals) and technology licensing/partnerships with X-ray manufacturers, solar panel manufacturers, and research institutions. There is no public pricing, no e-commerce channel, and no disclosed customer logos; all commercial engagement is initiated via a website consultation form segmented by product line (Solar Energy, X-Ray, Perovskites for Space). The company operates at a very early scale: 1-10 employees, no disclosed revenue, no disclosed equity financing, and the only non-zero funding event in the data is a $75,000 grant from the One North Carolina Small Business Program in 2022. Content marketing is delivered through an educational blog and product pages on perotech.org.

Distribution is direct enterprise sales with a stated global geographic scope but no evidence of international customers. Strategic priorities appear to include securing independent performance validation (NREL PACT), expanding the team with experienced perovskite scientists and engineers, broadening product lines into bifacial/agrivoltaic and space applications, and pursuing licensing arrangements with X-ray and solar OEMs as a route to commercialization.

Name

Perotech

Legal name

Perotech Inc.

Website

https://perotech.org

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Perotech is a UNC Chapel Hill-based startup that develops metal halide perovskite materials for high-efficiency solar modules and direct-conversion X-ray detectors, selling crystals, thin films, and nanocrystals to X-ray manufacturers, solar panel makers, and research institutions via B2B consultation and licensing.

Ownership category

akta.pro rank

Product category

Perovskite Semiconductor Materials

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA)

akta.pro secondary industries

Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film) (EUAMAHAA), Thin-Film Deposition Materials (PVD/CVD/ALD Targets & Precursors) (HDAHAGAH)

Keywords

• Perovskite solar cells
• X-ray detectors
• Semiconductor materials
• Perovskite nanocrystals
• Radiation detection

Headquarters

HQ city

Chapel Hill

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Perovskite Materials Sales: Sale of high-purity perovskite single crystals and polycrystalline films in range of compositions and sizes, tailored for research and industrial applications
2. Perovskite Nanocrystals: Supply of metal halide perovskite nanocrystals to power next-generation direct X-ray detectors
3. Technology Licensing/Partnerships: Partnering with X-ray manufacturers and solar industry to license proprietary formulations and scalable processes

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Perotech designs, develops, and supplies metal halide perovskite-based materials and devices for two primary markets: high-efficiency solar energy (perovskite solar modules, perovskite-silicon tandem cells, and PeroTech Energy bifacial/agrivoltaic systems) and direct-conversion X-ray imaging (perovskite X-ray detectors, single crystals, and thin films). It sells high-purity perovskite crystals, polycrystalline films, and nanocrystals tailored in composition and size for research and industrial customers, and licenses its proprietary formulations and low-temperature deposition processes to manufacturers.

Product overview

Perotech is a UNC-based startup offering a portfolio of perovskite-based technology products organized around two main product lines: solar energy solutions and X-ray imaging technology. The solar portfolio includes Perovskite Solar Modules (with record efficiency exceeding 26% in single-junction and 33% in tandem architectures), the PeroTech Energy line for bifacial and agrivoltaic applications, and perovskite thin films for flexible applications. The X-ray portfolio encompasses Perovskite X-Ray Detectors (direct-conversion technology outperforming amorphous selenium by 100,000x in charge transport), Perovskite Single Crystals (with sub-1% spectral resolution at 662 keV for gamma-ray detection), and PeroTech X-Ray Perovskites for detector panel applications. All products are built on proprietary perovskite formulations using metal halide perovskite materials that can be printed, sprayed, or solution-deposited at low temperatures.

Differentiator

Problem solved

Functional benefit

Products and services

• Perovskite Solar Modules High-efficiency perovskite-based solar modules with proprietary formulations achieving over 26% efficiency in single-junction cells and exceeding 33% in perovskite-silicon tandem architectures, manufactured using low-temperature deposition processes for scalable production. Targeted at solar panel manufacturers and energy developers.
• PeroTech Energy (Bifacial & Agrivoltaic Systems) Next-generation perovskite solar systems combining Perotech's proprietary perovskite technology with advanced bifacial and agrivoltaic designs, harvesting 10-30% more energy than conventional systems. Semi-transparent films provide controlled light transmission to balance sunlight and shade for crop yield optimization.
• Perovskite X-Ray Detectors Direct-conversion X-ray detectors using metal halide perovskite nanocrystals that turn X-rays directly into electrical signals without a scintillator. Outperform amorphous selenium by over 100,000x in charge transport efficiency and deliver 1,000x higher detection sensitivity, enabling sharper imaging at lower radiation doses for medical, industrial, and portable X-ray manufacturers.
• PeroTech X-Ray Perovskites (Perovskite Materials for X-Ray Imaging) Perovskite materials supplied for X-ray imaging applications, including high-purity single crystals and polycrystalline films in various compositions and sizes, sold to research institutions and industrial customers building X-ray detectors and imaging panels.
• Perovskite Single Crystals High-purity perovskite single crystals with high mu-tau product for exceptional charge transport, customizable in composition, size, and shape; high resistivity for low dark current; air-stable and field-stable; achieving less than 1% spectral resolution at 662 keV for gamma-ray spectrum detection and spectroscopy research.
• Perovskite Thin Films Solution-deposited perovskite thin films for large-area detector panels and flexible device applications, offering excellent X-ray detection sensitivity, low cost, ease of deposition, and the ability to bend without breaking for flexible, lightweight devices.

Quantifiable outcome

• Over 26% efficiency in single-junction cells, exceeding 33% in perovskite-silicon tandem architectures
• +6 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

One partnership is on record.

• NREL (National Renewable Energy Laboratory)coreStrategic or Co-development PartnerPerformance validated through the PACT (Perovskite Accelerator for Commercializing Technologies) program at NREL, ensuring credible, independent performance verification of perovskite technology.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• First Solar: Leading thin-film solar manufacturer with US manufacturing scale, owns Caelux. Represents both a competitive threat (thin-film scale) and a potential strategic acquirer for Perotech's perovskite technology.
• Varex Imaging: Largest independent X-ray imaging component manufacturer; supplies X-ray detectors, tubes, and flat panel replacements to medical and industrial OEMs. Potential acquirer/customer for Perotech's direct-conversion perovskite detectors.
• Trixell: Joint venture between Thales, Siemens, and Philips for medical X-ray detectors. Major incumbent in flat-panel X-ray detector manufacturing whose products Perotech's direct-conversion technology aims to disrupt.
• Hanwha Qcells: One of the world's largest solar manufacturers with active R&D into tandem and perovskite-silicon technology. Potential large-scale commercialization partner for Perotech's perovskite materials.

Direct peers

• Detection Technology: Finland-based supplier of X-ray detector modules and subassemblies. Competes in the same X-ray imaging supply chain and would be directly impacted by perovskite direct-conversion technology displacing scintillator-based designs.
• Oxford PV: Closest direct peer: commercializing perovskite-silicon tandem solar cells exceeding silicon's efficiency ceiling. Both companies target the same tandem architecture and similar OEM licensing model, making Oxford PV the benchmark for Perotech's commercialization pathway.
• Caelux: Perovskite-silicon tandem developer acquired by First Solar; competes directly with Perotech in tandem cell technology targeting the same efficiency and form-factor advantages.
• Swift Solar: US-based perovskite startup developing thin-film perovskite solar cells with similar focus on high efficiency and flexible form factors. Directly comparable early-stage competitor in next-gen PV R&D.
• Saule Technologies: Polish perovskite solar startup with focus on flexible, solution-deposited perovskite cells for BIPV and IoT applications. Comparable technology platform and go-to-market through specialized applications.

Emerging players

• Energy Materials Corp: US perovskite startup focused on high-efficiency perovskite solar cells and tandem structures. Comparable scale and stage; targets similar high-efficiency solar markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perotech