Apollo Power
Apollo Power manufactures flexible photovoltaic film for non-traditional surfaces including vehicle rooftops, truck bodies, and building facades. The Israeli company serves automotive OEMs, fleet operators, and commercial real estate via direct sales, OEM embedded partnerships, and global distributors.
- Company typePrivate
- Founded2014
- HeadquartersHaifa, Israel
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Apollo Power does
Apollo Power is an Israel-based manufacturer of flexible photovoltaic film, founded in 2014 and headquartered in Yokneam-Illit with a second Israeli site in Carmel and a manufacturing facility in Germany. The company develops and produces Apollo Flex Technology, a proprietary flexible solar cell architecture engineered for installation on curved, weight-sensitive, and non-traditional surfaces such as vehicle rooftops, truck bodies, building facades, and municipal structures. Its product portfolio includes the Apollo Panda panel for rooftops, the Apollo Charger kit for heavy-duty vehicles, a Solar Awning, portable solar units, and emerging lines in Solar Pavement, Solar Roll, and floating photovoltaic. The company claims the title of world's largest flexible solar panel manufacturer with 190 MWp of annual production potential, and has won a JEC Innovation Award for its Audi rooftop integration.
The company operates a hybrid go-to-market combining direct enterprise sales, OEM embedded partnerships with automotive manufacturers including Audi, Volkswagen, Hyundai, Lippert, and ZF, and a global channel partner and distributor network. Revenue is generated through three streams: hardware sales of flexible solar panels, professional services tied to large-scale project deployments, and licensing royalties from OEMs embedding the technology in their products. The company is incorporated as Apollo Power Ltd, trades on the Tel Aviv Stock Exchange, and employs approximately 130 people across its Israeli and German operations with dedicated regional leadership for the USA and Europe.
Apollo Power's customer base spans automotive OEMs, tier-1 automotive suppliers, logistics and retail fleets (Amazon, Unilever Israel, Alioth Group), and large-scale commercial and municipal deployments. A flagship 2025-2026 partnership with ARKO Corp. and its GPM Investments subsidiary covers approximately 300+ US gas station sites at a contract value of approximately $53 million, representing the largest disclosed project in the company's history. The company is led by co-founders Oded Rozenberg (CEO) and Eran Maimon (CTO), with an executive team spanning operations, R&D, supply chain, product, and revenue functions, and regional GMs responsible for North American and European operations.
Apollo Power firmographics
Firmographics- Name
- Apollo Power
- Legal name
- Apollo Power Ltd
- Website
- https://apollo-power.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Apollo Power manufactures flexible photovoltaic film for non-traditional surfaces including vehicle rooftops, truck bodies, and building facades. The Israeli company serves automotive OEMs, fleet operators, and commercial real estate via direct sales, OEM embedded partnerships, and global distributors.
- Ownership category
- akta.pro rank
Apollo Power industry classification
Industry- Product category
- Flexible Solar Panels and Photovoltaic Film
- NAICS
- Electrical Equipment, Appliance, and Component Manufacturing (335), Solar Electric Power Generation (221114)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers) (EUAMABAG), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)
Keywords
Where Apollo Power is headquartered
LocationHeadquarters
- HQ city
- Haifa
- HQ country
- Israel
- HQ region
- Middle East
Offices3 records
Markets served
Apollo Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales: Sale of flexible photovoltaic panels and solar film products as physical goods to customers across automotive, fleet, commercial building, and residential sectors. Primary revenue driver with one-time hardware transactions.
- Professional Services: Installation, system design, and project deployment services associated with large-scale solar projects, including the ~$53M ARKO/GPM gas station solar deployment and municipal installations.
- Licensing Royalties: Licensing of proprietary flexible solar technology and manufacturing know-how to OEM partners embedding the technology into their own products, generating recurring royalty-based revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Custom Project-Based Pricing — no standard tiers publicly available |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Apollo Power product offering
Product offeringCore offering
Apollo Power manufactures and sells flexible photovoltaic solar film and panels under its proprietary Apollo Flex Technology for installation on non-traditional surfaces such as vehicle rooftops, truck bodies, building facades, and portable/mobile applications. The company also licenses its technology to automotive OEMs for direct integration into vehicle platforms at the manufacturing stage, and provides installation and project deployment services for large-scale deployments.
Differentiator
Problem solved
Functional benefit
Products and services
- Apollo Panda Lightweight and flexible solar panel for load-limited roofs, including the 310W Apollo Panda and 155W Apollo Panda (Half Panda) variants. Designed for residential, commercial, and industrial rooftops where rigid panels are not feasible, and available in sizes up to 310W.
- Apollo Charger Solar kit for heavy-duty vehicles such as trucks, buses, and RVs. Generates on-board electricity to power refrigeration, lighting, and telematics, reducing diesel dependence and alternator load.
- Solar Panel Kits for Trucks, Buses, and LCVs Flexible photovoltaic kits designed for retrofit installation on commercial vehicle bodies including trucks, buses, and light commercial vans (LCVs). Sold through channel partners such as Alioth Group.
- Solar Awning Smoothly shading while generating energy. A flexible solar awning for residential and commercial applications that combines shading with on-site electricity generation.
- Portable Solar Units Portable and rollable solar products including the Foldable Unit, Rollable Unit, Energy Kit, and Hybrid Energy Box, designed for mobile and off-grid energy generation use cases.
- OEM Embedded Solar Integration Embedded solar cells integrated directly into vehicle surfaces at the OEM manufacturing stage. Delivered to automotive OEMs including Audi, Volkswagen, Hyundai, and tier-1 suppliers such as Lippert and ZF for auxiliary power, fuel efficiency improvement, and EV range extension.
- Solar Pavement Flexible solar pavement system designed for diversity and flexibility of installation surfaces beyond rooftops and vehicles, enabling solar generation on ground-level and walkable surfaces.
- Apollo Solar Roll Roll-format flexible solar product enabling solar generation on large surface areas with roll-out installation.
- FPV (Floating Photovoltaic) Floating photovoltaic application of Apollo Power's flexible solar film for water-based solar installations.
- Installation and Project Deployment Services Professional services covering installation, system design, and project deployment for large-scale solar projects, including the ~$53M ARKO/GPM gas station solar deployment and municipal installations such as the Tel Aviv Velodrome.
Quantifiable outcome
- Fuel efficiency improvement for vehicles with integrated solar film
- +2 more outcomes
Companies that use Apollo Power
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Apollo Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Apollo Power partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship / core, core and minor.
- ARKO Corp. / GPM Investmentsflagship / coreStrategic partnership to deploy solar energy systems at gas stations owned by ARKO Corp. and its subsidiary GPM Investments. A Memorandum of Understanding was signed for an approximately $53 million solar project covering 300+ gas station sites across the United States. Apollo Power will supply and install flexible solar solutions at these locations, representing a flagship deployment of its technology in the retail petroleum sector.
- Alioth GroupcoreAlioth Group serves as a channel partner distributing Apollo Power's flexible photovoltaic kits specifically for integration onto trucks and buses. The partnership targets the commercial fleet and transportation sector with solar-upfitted vehicles.
- AudicoreOEM partnership to embed Apollo Power's flexible solar film into Audi vehicle rooftops. The integration provides auxiliary power for the vehicle's electrical systems, reducing fuel consumption and demonstrating Apollo Power's technology at a premium automotive brand. This partnership earned Apollo Power the JEC Innovation Award.
- VolkswagencoreOEM partnership to integrate flexible solar technology into Volkswagen vehicle platforms at the manufacturing level, enabling on-board power generation for vehicle electrical systems.
- HyundaicoreOEM partnership with Hyundai for integration of Apollo Power's flexible solar technology into Hyundai vehicle platforms for auxiliary power generation.
- LippertminorPartnership with Lippert, a global supplier of automotive components, to incorporate Apollo Power's flexible solar solutions into Lippert's product offerings for the automotive market.
- ZFminorPartnership with ZF, a leading automotive drivetrain and components manufacturer, to integrate flexible solar technology into ZF's automotive systems and component platforms.
- AmazoncoreAmazon is referenced as a global partner/customer of Apollo Power, likely relating to fleet electrification and solar solutions for Amazon's extensive delivery vehicle operations.
- Velodrome (Tel Aviv Municipality)minorMunicipal solar PV installation project at the Tel Aviv Velodrome sports facility. Demonstrates Apollo Power's capability for non-automotive applications including sports and public infrastructure.
- Unilever IsraelminorUnilever Israel partnered with Apollo Power to install flexible solar panels on delivery trucks in their logistics fleet, reducing fuel costs and supporting sustainability goals in last-mile delivery operations.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Apollo Power competitors and assessment
Company assessmentDirect peers
- Midsummer: Swedish manufacturer of flexible CIGS solar cells and metal-roof integrated solar panels, with comparable lightweight, flexible form factor targeting building-integrated photovoltaics and similar non-rigid-panel applications to Apollo Power.
- Maxeon Solar Technologies: High-efficiency shingled-cell solar manufacturer (formerly SunPower's cell/panel business) with strong rooftop and automotive-adjacent PV programs; competes with Apollo Power in premium distributed-solar and integrated-application segments.
- Flisom: Swiss manufacturer of flexible CIGS thin-film solar modules on foil substrates — a direct competitor to Apollo Power in the lightweight/flexible PV niche serving automotive, building-integrated, and portable applications.
- MiaSolé Hi-Tech (Hanwha): Flexible CIGS thin-film solar module producer now owned by Hanwha Qcells, directly competing with Apollo Power in flexible PV for commercial rooftops, vehicles, and other curved-surface applications at greater scale.
- SunMan (by SunPower): Manufacturer of ultra-lightweight, glass-free flexible solar panels (eArche) targeting rooftops with weight or structural constraints — a direct competitor to Apollo Panda in the lightweight rooftop and mobile installation segment.
Broad incumbents
- Hanwha Qcells: One of the world's largest solar manufacturers with growing investments in flexible and shingled-cell technologies through MiaSolé; competes broadly with Apollo Power across rooftop, commercial, and emerging flexible-PV segments.
- First Solar: World's largest thin-film solar manufacturer (CdTe), a broad incumbent in non-crystalline PV competing with Apollo Power's flexible thin-film approach in utility and commercial segments where flexibility overlaps with low-cost thin-film production.
- SunPower Corporation: Established U.S. residential and commercial solar provider with historical strength in high-efficiency rooftop systems; competes with Apollo Power in the distributed rooftop segment and through its Maxeon and SunMan affiliates in adjacent flexible-PV categories.
Emerging players
- Saule Technologies: Polish startup developing inkjet-printed flexible perovskite solar cells for building-integrated and IoT applications; an emerging player targeting similar non-traditional surface use cases as Apollo Power with a next-generation perovskite technology.
- Ascent Solar Technologies: U.S.-based developer of flexible CIGS thin-film solar modules for aerospace, defense, and consumer applications; an emerging/specialized competitor to Apollo Power in flexible PV, currently focused on narrower niche markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Apollo Power social profiles
Digital presenceApollo Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apollo Power leadership team
Management profileNumber of profiles
Profiles14 records
Apollo Power subsidiaries and ownership
Company hierarchySubsidiaries1 record
Apollo Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apollo Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apollo Power
What does Apollo Power do?
Apollo Power manufactures and sells flexible photovoltaic solar film and panels under its proprietary Apollo Flex Technology for installation on non-traditional surfaces such as vehicle rooftops, truck bodies, building facades, and portable/mobile applications. The company also licenses its technology to automotive OEMs for direct integration into vehicle platforms at the manufacturing stage, and provides installation and project deployment services for large-scale deployments.
Is Apollo Power a public or private company?
Apollo Power is a private company. It is classified as public and is currently operating.
When was Apollo Power founded?
Apollo Power was founded in 2014. It employs 11 to 50 people.
Where is Apollo Power based?
Apollo Power is headquartered in Haifa, Israel, in the Middle East region.
How does Apollo Power make money?
Three revenue lines are on record. Hardware Sales are the primary driver. The others are professional Services and licensing Royalties.
Who are Apollo Power's main competitors?
Direct peers on record are Midsummer, Maxeon Solar Technologies, Flisom, MiaSolé Hi-Tech (Hanwha) and SunMan (by SunPower). Broad incumbents are Hanwha Qcells, First Solar and SunPower Corporation. Emerging players are Saule Technologies and Ascent Solar Technologies.
Does Apollo Power have an API?
No public API is recorded for Apollo Power.
What industry is Apollo Power in?
Apollo Power's product category is Flexible Solar Panels and Photovoltaic Film. Its primary akta.pro industry code is EUAMABAD, Solar PV Module Manufacturing (Cells, Modules, Thin-Film), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 335 and its SIC code is 3600.