Halocell Energy

What Halocell Energy does

Halocell Energy is an Australian private company founded around 2020 by CEO Paul Moonie, headquartered at a roll-to-roll manufacturing facility in Bomen (Wagga Wagga region), NSW. The company designs and manufactures perovskite photovoltaic (PV) modules using roll-to-roll printing on flexible substrates, targeting applications where traditional silicon PV is ineffective—specifically indoor and low-light environments, IoT devices, small electronics, space-grade solar, and drone platforms. Halocell holds world-record technical benchmarks including 38.5% efficiency at 1000 lux low-light conditions, 30.6% graphene-enhanced cell efficiency (with First Graphene), and 16.65% lead-free tin-based cell efficiency (with UQ/AIBN), and claims manufacturing costs at approximately one-tenth that of equivalent silicon production lines.

The company's commercial product line, Halocell Ambient Modules, comprises three standard indoor PV modules (60x23mm at 0.25mW, 60x41mm at 0.55mW, and 116x57mm at 1.22mW at 1000 lux) sold direct via shop.halocell.energy, with custom shapes and sizes available for B2B customers. Revenue streams include direct hardware sales, a 10% licensing royalty from First Graphene on graphene-enhanced carbon paste sales, and government grant-funded R&D partnerships. Halocell generates revenue from a mix of e-commerce long-tail volume and a small set of enterprise partnerships (Gilmour Space for space PV, V-TOL Aerospace for drone PV, Domo Technica for medical instrumentation, and an unnamed leading TV manufacturer for remote controls), supported by an ecosystem of technology partners including Sofab Inks, Lava Blue, NTI NanoFilm, and six Australian universities. Cumulative Australian government grant funding exceeds AUD 5.7 million, and an equity capital raise is currently underway via Primary Markets and Capital HQ to accelerate manufacturing scale-up.

Name

Halocell Energy

Legal name

Halocell Energy Limited

Website

https://halocell.energy

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Halocell Energy designs and manufactures roll-to-roll printed perovskite photovoltaic modules for indoor, low-light, space, and drone applications, serving IoT device makers, OEMs, and aerospace customers including Gilmour Space and V-TOL Aerospace from its Wagga Wagga, Australia facility.

Ownership category

akta.pro rank

Product category

Perovskite Photovoltaic Modules

akta.pro primary industry

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

Keywords

• Perovskite solar cells
• Flexible photovoltaic modules
• Indoor solar power
• Roll-to-roll manufacturing
• Low-light PV modules

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Perovskite PV Module Sales: Direct sales of standard and custom perovskite photovoltaic modules for indoor, low-light, and ambient applications. Products include Ambient Module series (60x23mm, 60x41mm, 116x57mm) sold directly through company website shop. Custom shapes, sizes, and power outputs available for B2B customers.
2. Licensing Royalties: First Graphene holds exclusive global license to manufacture, market and sell graphene-enhanced carbon paste for perovskite solar cells, with Halocell receiving 10% royalty on sales.
3. Strategic R&D Partnerships: Collaborative development projects with partners for specific applications (space, drones, tandem cells) often funded by government grants, where Halocell provides modules or co-develops products for commercial partners.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Halocell Energy designs and manufactures flexible, lightweight perovskite photovoltaic (PV) modules using a roll-to-roll (R2R) printing process on flexible substrates. The company sells standardized low-light indoor modules (60x23mm, 60x41mm, 116x57mm) directly through its e-commerce shop and provides custom shapes, sizes, and power outputs for enterprise customers in IoT, small electronics, drone, and space applications. Its modules harvest energy in indoor, shaded, and ambient conditions where traditional silicon PVs underperform.

Product overview

Halocell Energy offers a product line of three standard Halocell Ambient Modules designed for indoor and low-light applications. The product line includes the Ambient Module 60x23_4 (60 × 22.5 mm, 0.25 mW), Ambient Module 60x41_4 (59.5 × 41 mm, 0.55 mW), and Ambient Module 116x57_9 (116 × 57 mm, 1.22 mW), all utilizing perovskite photovoltaic technology manufactured via roll-to-roll processes. The modules power IoT devices and small electronics by harvesting ambient indoor light, replacing disposable batteries. The company is additionally developing drone power solutions, space-grade PV modules, and Si-PSC tandem panels as future product lines.

Differentiator

Problem solved

Functional benefit

Brands

• Halocell Ambient Modules: Lightweight, flexible perovskite PV modules optimized for low-light conditions (500 lux and below), designed for indoor environments, IoT devices, and small electronics. Available in three sizes: 60x23mm (0.25mW), 60x41mm (0.55mW), and 116x57mm (1.22mW) at 1000 lux. Features include thin-film flexible design, 98% recyclability, and stable voltage output across wide ambient-light range.

Products and services

• Halocell Ambient Module 60x23_4 Ultra-small indoor perovskite PV module measuring 60 x 22.5 mm, delivering 2.8 V and 0.25 mW at 1000 lux / 0.11 mW at 500 lux. Designed for low-power IoT devices and small electronics in indoor lighting conditions, replacing disposable batteries.
• Halocell Ambient Module 60x41_4 Small indoor perovskite PV module measuring 59.5 x 41 mm, delivering 2.75 V and 0.55 mW at 1000 lux. Optimized for low-light environments and small electronics requiring sustainable battery-free power solutions.
• Halocell Ambient Module 116x57_9 Largest standard indoor perovskite PV module measuring 116 x 57 mm, delivering 5 V and 1.22 mW at 1000 lux / 0.60 mW at 500 lux. Designed for indoor IoT devices, environmental monitors, and small electronics in ambient lighting.

Quantifiable outcome

• 38.5% efficiency in low-light (1000 lux) - world record
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Sofab InkscoreTechnology or Integration · 7 April 2026Strategic partnership where Sofab Inks supplies proprietary metal oxide nanoparticle inks as charge transport layers for Halocell's perovskite PV modules. Integration improves stability under environmental stress with nearly 100% efficiency retention after 1,300 hours. Supports roll-to-roll manufacturing approach.
• Lava BluecoreStrategic or Co-development Partner · 19 January 2026Non-binding MOU for Lava Blue to supply specialty chemicals derived from Australian feedstocks (including mine tailings) to support Halocell's commercial-scale roll-to-roll manufacturing. Addresses critical bottleneck: 75% of global high-purity alumina supply concentrated in China. Partnership aims to develop sovereign Australian supply chain for high-purity precursor materials.
• Australian National University (ANU) - NSTFcoreTechnology or Integration · 8 December 2025Completed space-qualification testing at Australia's National Space Test Facility (NSTF) in Canberra. Modules passed launch vibration and Atomic Oxygen exposure testing in LEO simulation, major milestone for space readiness.
• First GraphenecoreTechnology or Integration · 26 November 2025Exclusive global License Agreement for First Graphene to manufacture, market and sell graphene-enhanced carbon paste for perovskite solar cells, with Halocell receiving 10% royalty on sales. Builds on joint development that doubled PSC efficiency to 30.6% while cutting costs by 80%. Manufacturing planned at First Graphene's Henderson facility. Partnership funded by three-year AU$2.03 million federal grant.
• NTI NanoFilm (Singapore)minorStrategic or Co-development Partner · 28 October 2025Partnership as recipients of Go-Green Co-Innovation grant promoting bilateral innovation between Australia and Singapore. Collaboration aims to enhance durability of Halocell's next-generation perovskite PV modules.
• Gilmour Space TechnologiescoreStrategic or Co-development Partner · 19 September 2025MOU signed to launch world's first Halocell perovskite PV modules on a microsat in 2026. Gilmour Space is Australia's first space unicorn after securing $217M Series E funding. Partnership combines Halocell's lightweight PV with Gilmour's launch capabilities for space applications.
• University of Queensland (AIBN)coreTechnology or Integration · 13 May 2025Partnership to commercialize lead-free tin-based perovskite solar panels. Dr Peng Chen secured ~$200,000 through Australia's Economic Accelerator Ignite funding. World-record 16.65% efficiency achieved for lead-free cells. Target applications: wireless home appliances, drones, wearable electronics.
• V-TOL AerospacecoreStrategic or Co-development Partner · 1 January 2025Joint development of drone integrating Li-S next-generation batteries with Halocell's advanced PV modules. Partnership awarded $1.35M AUD grant for dawn-to-dusk drone deployment without landing or recharging. Target applications: military, agriculture, disaster management, maritime surveillance, communication relay.
• Li-S EnergycoreStrategic or Co-development PartnerThree-way partnership with V-TOL Aerospace and Li-S Energy to develop next-generation batteries integrated with Halocell PV modules for extended drone endurance applications.
• Queensland University of Technology (QUT)coreTechnology or IntegrationPartnership producing graphene-enhanced perovskite solar cells achieving 30.6% efficiency with 80% cost reduction. Funded by AU$2.03 million federal grant. Also developed water-based eco-friendly manufacturing process achieving 18.1% PCE.
• Domo TechnicaminorOEM/ Whitelabel/ Licensing PartnerUses Halocell Ambient Modules to power ProSim 3 Vital Sign Simulator for medical instrumentation. Demonstrating portable power for hospital and medical equipment.
• ElaraSatminorStrategic or Co-development PartnerSpace sector partner shown in product page imagery for space applications.

Scale indicators12 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• Oxford PV: UK/Germany-based perovskite-silicon tandem solar cell manufacturer and the closest commercial-stage peer. Competes in the same perovskite PV technology category, targeting premium efficiency applications including building-integrated and rooftop solar — directly overlapping Halocell's planned tandem/BIPV roadmap.
• Saule Technologies: Poland-based developer of inkjet-printed flexible perovskite solar cells. Like Halocell, Saule focuses on BIPV, IoT, and low-light applications using roll-to-roll-compatible printing — making it a direct competitor in the printed flexible perovskite niche.
• Swift Solar: US-based perovskite-silicon tandem solar cell startup. Competes in perovskite PV with a focus on high-efficiency tandem cells for terrestrial applications, overlapping with Halocell's graphene-enhanced and tandem product development.
• Energy Materials Corporation: US-based perovskite solar cell manufacturer with roll-to-roll production capabilities. Directly comparable to Halocell in technology approach (R2R perovskite manufacturing) and target markets including IoT and building-integrated applications.
• Caelux (First Solar): Perovskite-silicon tandem technology acquired by First Solar, one of the world's largest thin-film PV manufacturers. Competes with Halocell in the broader perovskite PV category with significantly greater manufacturing scale and capital backing.

Emerging players

• Perovskia Solar: Switzerland-based early-stage company developing perovskite solar cells specifically for indoor IoT and electronics applications. Directly overlaps Halocell's primary indoor/low-light commercial market with comparable small-form-factor product positioning.
• Sunew: Brazil-based company developing printed perovskite solar films for building-integrated photovoltaics (BIPV). Overlaps with Halocell's future BIPV/semi-transparent tandem roadmap, though currently focused on architectural facade applications.
• InfinityPV: Denmark-based company developing roll-to-roll organic and perovskite PV. Featured Halocell's R2R technology in a case study, and operates as a comparable technology platform peer in the flexible printed solar space.

Broad incumbents

• LONGi Green Energy: World's largest silicon PV manufacturer. Represents the incumbent competitive threat to all perovskite players — its scale, cost position, and recent tandem cell investments define the competitive ceiling Halocell must beat to gain rooftop and utility-scale share.

Others

• First Graphene: Australian graphene materials producer and Halocell's strategic partner holding an exclusive global license for graphene-enhanced carbon paste for perovskite solar cells. Comparable as an enabling materials supplier in the perovskite value chain rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/halocell
• Xx.com/Halocell_Ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

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 Halocell Energy