What Mitrex does

Mitrex Inc. is a Toronto-headquartered, privately held manufacturer of Building-Integrated Photovoltaics (BIPV). The company was formally established as a legal entity in Ontario in 2019 after several years of BIPV research and development, operating under the broader GCAT Group conglomerate (founded 2003) alongside sister companies Artisana (residential cladding, 2008), Stone Lamina (high-rise lightweight cladding, 2011) and Cladify (composite cladding, 2014). Mitrex's core product line centers on four eFacade solar cladding tiers — LITE (entry-level plug-and-play), PRO (mid-tier rainscreen), PRO+ (fully customizable with co-developed honeycomb backing for high-rise applications), and TILT — supplemented by Solar Railing (SolarAil), Solar Glass for windows and curtain walls, Solar Panel & Roof, PVNB noise barriers, and Solar Parking canopies. Three structural systems (CladiShield rainscreen, Claditized unitized curtain wall, and CladiFab prefabricated wall) plus electrical system components complete the deliverable scope. Differentiated capabilities cited by the company include on-site-trimmable FlexFit modules, multi-color/pattern/shape/size customization, certifications across UL 61730, UL 61215, NFPA 285, EN 13501 A2-s1,d0, ASTM E1996 and ASTM E330, and energy output up to 18 W/ft² (194 W/m²).

The company sells primarily through enterprise field sales targeting architects, developers, building owners, and general contractors, with the sales process structured around architectural specification from project inception. It offers both supply-only and turnkey installation services, and provides pre-construction design-assist and consulting. Pricing is project-specific and not publicly disclosed; the company claims ROI in under 5 years when stacked government incentives (US 30% Solar ITC, Canadian 30% Clean Technology ITC, plus state and provincial programs) are applied. Primary targeted verticals are higher education, airports, healthcare facilities, REITs and multi-family residential, high-rise commercial, retrofits, and industrial/commercial developments, with named enterprise customers including the University of Toronto (SAMIH Health Sciences Complex, 632 kW), SunRise Residential (Edmonton), Binghatti Mercedes-Benz Residences (Dubai, 2026), Hyatt (Toronto), Tenblock, Chinook Hospital (Alberta), Carttera, Hines, and St. Mary's University. Geographic reach spans Canada, the United States (with a dedicated New York City sales office), Europe, and the Middle East.

Operating headcount is 51–100 employees based in and around the Etobicoke manufacturing facility (41 Racine Road, Toronto, Ontario), which houses five distinct production lines and reportedly produces thousands of square feet of BIPV daily. The company is founder-controlled, with no disclosed institutional funding rounds; CEO Danial Hadizadeh leads alongside a Chief Strategy Officer, a Chief Operating Officer (Hesam Shahrivar), two Sales Directors, manufacturing and operations leadership, and field architectural representatives. Internal software tools include the Camas estimation and CRM platform and the public-facing MithraGPT chatbot, both launched in 2024.

Name

Mitrex

Legal name

Mitrex Inc.

Website

https://mitrex.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Mitrex manufactures building-integrated photovoltaics (BIPV)—solar facades, glass, railings, and roof panels—for commercial buildings. The Toronto-based firm sells directly to architects, developers, and owners across North America, Europe, and the Middle East.

Ownership category

akta.pro rank

Product category

Building-Integrated Photovoltaics (BIPV)

NAICS

Electric Lighting Equipment Manufacturing (3351), Electric Lighting Equipment Manufacturing (33513)

SIC

Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting) (IMAGAIAI)

akta.pro secondary industry

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

Keywords

• Building-integrated photovoltaics
• Solar facade cladding
• Architectural solar products
• BIPV manufacturing
• Solar building materials

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. BIPV Facade Systems and Products: Primary revenue from manufacturing and selling building-integrated photovoltaic products including eFacade systems (LITE, PRO, PRO+), solar glass, solar railing, solar panels/roof, and associated mounting systems. Products are sold directly to building owners, developers, and through architectural specification channels. Revenue is project-based with varying contract sizes depending on building scope.
2. Installation and Project Services: Turnkey installation services provided alongside product sales, including design/assist, project management, and installation oversight. Services cover the full project lifecycle from specification through commissioning.
3. Design Assist and Technical Consulting: Pre-construction technical support and design collaboration services to help architects and developers integrate BIPV into building projects, including energy modeling, specification support, and regulatory compliance guidance.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Mitrex manufactures Building-Integrated Photovoltaics (BIPV) that transform building envelopes into on-site power generation assets. Its product portfolio spans solar facade cladding (eFacade LITE, PRO, PRO+, TILT), solar glass, solar railings, solar roof panels, photovoltaic noise barriers, and solar parking canopies, complemented by rainscreen, unitized curtain wall, and prefabricated wall systems plus electrical infrastructure. Mitrex also offers turnkey design-assist, manufacturing, and installation services targeting architects, developers, building owners, and general contractors.

Product overview

Mitrex is a manufacturer of Building-Integrated Photovoltaics (BIPV) offering a comprehensive portfolio of energy-generating building materials. The product lineup centers on four eFacade solar cladding tiers (LITE, PRO, PRO+, and TILT) ranging from entry-level plug-and-play to fully customizable high-rise solutions. Supporting products include Solar Railing (SolarAil™) for balconies, Solar Glass for windows and spandrels, Solar Panel & Roof systems, Solar Noise Barriers, and Solar Parking canopies. Installation is enabled through three structural system types: CladiShield (rainscreen), Claditized (unitized curtain wall), and CladiFab (prefabricated wall), plus Electrical Systems. The company also offers AI-powered customer engagement via MithraGPT chatbot and internal software tools. Mitrex positions these products as turnkey solutions from design assist through installation, targeting architects, developers, and building owners across healthcare, education, airports, REITs, and retrofits sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• eFacade LITE Plug-and-play BIPV cladding modules available in 5 colors and 2 sizes; entry-level add-on solar facade system for building envelopes.
• eFacade PRO
• eFacade PRO+ Fully customizable BIPV system available in any color, size, and configuration, featuring honeycomb backing option developed with Gensler for high-rise applications.
• eFacade TILT Angled solar facade modules designed for optimal solar exposure and architectural flexibility.
• Solar Railing (SolarAil) Balcony and walkway railing systems with integrated solar technology for energy generation at building edges.
• Solar Glass High-performance, energy-generating architectural glass for spandrel panels, insulated glass units (IGUs), curtainwalls, skylights, and windows.
• Solar Panel & Roof BIPV solar panels designed for seamless roof integration that combines traditional roofing aesthetics with solar power generation.
• Solar Noise Barrier (PVNB) Highway noise barriers integrated with photovoltaic technology for sound attenuation and renewable energy generation.
• Solar Parking Parking canopy structures with integrated solar panels for shaded parking and on-site energy generation.
• CladiShield Rainscreen System Ventilated rainscreen BIPV wall system designed for superior thermal efficiency and moisture management.
• Claditized Unitized System Unitized curtain wall BIPV system for high-rise applications with streamlined installation.
• CladiFab Prefabricated Wall System Prefabricated BIPV wall system designed for factory assembly and rapid on-site installation.
• Electrical System Electrical infrastructure components for BIPV installations including inverters and grid connection systems.
• Design Assist and Installation Services

Quantifiable outcome

• 632 kW installed capacity on University of Toronto SAMIH project
• +7 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature10 records

Partnerships

28 partnerships are on record, tiered flagship, core and minor.

• GenslerflagshipStrategic or Co-development Partner · 2 December 2025Mitrex partnered with Gensler, the global architecture and design firm, to develop eFacade PRO+ with Honeycomb Backing. This collaboration creates a new standard for solar facades combining design freedom, high performance, and sustainability. The system is designed for high-rise buildings and landmark architecture, with certifications for impact resistance and wind load performance.
• EllisDoncoreStrategic or Co-development PartnerMajor construction firm featured as a global industry partner. Collaboration on sustainable building envelope solutions for construction projects.
• Perkins and WillcoreStrategic or Co-development PartnerGlobal architecture and design firm listed as global industry partner, collaborating on sustainable BIPV implementations.
• Diamond Schmitt ArchitectscoreStrategic or Co-development PartnerArchitecture firm collaborated on University of Toronto SAMIH project featuring 632 kW BIPV installation. Key partner for educational building projects.
• MVRDV ArchitectscoreStrategic or Co-development PartnerInternationally recognized architecture firm collaborated on University of Toronto SAMIH project, designing 63,000 sq. ft. sustainable health sciences complex.
• Grimshaw ArchitectscoreStrategic or Co-development PartnerGlobal architecture firm listed as industry partner, working on sustainable building envelope solutions.
• Hariri Pontarini ArchitectscoreStrategic or Co-development PartnerAward-winning architecture firm collaborating on sustainable design projects.
• HinescoreStrategic or Co-development PartnerMajor international real estate developer implementing BIPV technology across portfolio properties.
• TenblockcoreStrategic or Co-development PartnerReal estate developer implementing cutting-edge solar technology including solar railings. Mitrex's made-in-Toronto solution deployed for decarbonization efforts.
• CartteracoreStrategic or Co-development PartnerIndustrial developer utilizing Mitrex solar solutions for speculative developments, integrating solar power generation with sustainability commitments.
• TridelcoreStrategic or Co-development PartnerLeading Canadian condominium developer listed as industry partner for sustainable building solutions.
• IBI Group (Arcadis)coreStrategic or Co-development PartnerGlobal architecture and planning firm collaborating on sustainable development projects.
• University of TorontocoreStrategic or Co-development PartnerMajor university with multiple BIPV projects including the award-winning SAMIH Health Sciences Complex featuring 632 kW installation.
• Diamond Developers (See Holding)minorStrategic or Co-development PartnerSustainable development developer listed as industry partner.
• Procter & GambleminorStrategic or Co-development PartnerMajor consumer goods company with sustainability initiatives, listed as industry partner.
• 3XNminorStrategic or Co-development PartnerInternational architecture firm listed as industry partner.
• Sweeny&Co ArchitectsminorStrategic or Co-development PartnerArchitecture firm listed as industry partner.
• CanderelminorStrategic or Co-development PartnerReal estate development company listed as industry partner.
• ChandosminorStrategic or Co-development PartnerConstruction company listed as industry partner.
• Avenue LivingminorStrategic or Co-development PartnerReal estate asset management company listed as industry partner.
• Bockstael ConstructionminorStrategic or Co-development PartnerConstruction firm listed as industry partner.
• DialogminorStrategic or Co-development PartnerArchitecture and design firm listed as industry partner.
• Paradigm Architecture + DesignminorStrategic or Co-development PartnerArchitecture firm listed as industry partner.
• Reimagine ArchitectsminorStrategic or Co-development PartnerArchitecture firm listed as industry partner.
• SuperkulminorStrategic or Co-development PartnerArchitecture firm listed as industry partner.
• HomesteadminorStrategic or Co-development PartnerDevelopment company listed as industry partner.
• Manga HotelminorStrategic or Co-development PartnerHotel developer listed as industry partner.
• Saint Mary's UniversityminorStrategic or Co-development PartnerUniversity with Loyola Residence retrofit project using Mitrex BIPV.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Onyx Solar: Spanish BIPV manufacturer producing photovoltaic glass for building facades, curtain walls, skylights and sunshades. Closest direct competitor to Mitrex in architectural-grade BIPV products with similar customizability and certification focus.
• Avancis: German CIS thin-film PV manufacturer (CNBM-owned) producing building-integrated PV modules for facades and rooftops. Comparable as a BIPV specialist with similar high-rise and architectural integration use cases.
• Polysolar: UK-based BIPV manufacturer producing transparent and opaque photovoltaic glass for building facades and windows. Direct peer in custom BIPV for commercial and architectural applications.
• ClearVue Technologies: Australian-listed developer of solar-integrated glazing for windows, facades and curtain walls. Direct peer in BIPV glass technology with overlapping customer base of architects and developers.
• Solarwatt: German solar manufacturer offering BIPV glass facade systems in addition to rooftop PV. Direct peer in BIPV with comparable design-driven, architect-focused product positioning and European market presence.
• 3S Solar Plus: Swiss BIPV specialist producing integrated solar facade, roof and terrace systems with comparable customization and architectural integration emphasis; serves high-rise projects in Europe.

Broad incumbents

• Maxeon Solar Technologies: Spun off from SunPower, Maxeon is a major crystalline-silicon solar manufacturer now extending into building-integrated applications through its back-contact cell technology. Larger incumbent with broader portfolio overlapping Mitrex's BIPV ambitions.
• Saint-Gobain: Global building materials conglomerate with facade, cladding and glass divisions and active interest in solar-integrated building envelopes. Established incumbent whose scale and distribution could enter or acquire BIPV capability.
• Guardian Glass: Major architectural glass manufacturer (Koch Industries) producing high-performance facades and curtainwall glass, with developing photovoltaic glazing offerings. Broad incumbent competing for the same facade specification channel.
• First Solar: US-headquartered thin-film cadmium telluride (CdTe) solar module manufacturer with utility-scale dominance and emerging building-applications interest. Larger incumbent with potential to enter BIPV at scale given capital base and PV expertise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mitrexsolar

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Mitrex