1366 Technologies revolutionizes the solar industry with its Direct Wafer manufacturing process, which offers significant advantages over traditional ingot-based wafer production. The company addresses the inefficiencies, high costs, and waste associated with conventional PV wafer manufacturing, thereby facilitating the broader adoption of solar energy. 1366 Technologies serves solar panel manufacturers and operates within the renewable energy market. Its business model focuses on producing and selling high-efficiency wafers to solar panel manufacturers, generating revenue through long-term supply agreements. The company has demonstrated its technology's effectiveness through various milestones, including achieving high cell efficiencies and securing substantial orders from major industry players like Hanwha Q CELLS. By continuously improving its manufacturing process and expanding its production capacity, 1366 Technologies aims to make solar energy more accessible and affordable.

Keywords: Direct Wafer, solar industry, PV wafer, manufacturing process, renewable energy, high efficiency, cost reduction, Hanwha Q CELLS, Series C financing, Boston.