Stardust Solar Signs LOI for Exclusive North American Distribution of MarkeDroid A.I. Driven Technology with European Union Participation
Stardust Solar Energy Inc. (SUNXF) has signed a non-binding LOI with Estonia-based MarkeDroid to become the exclusive North American distributor of their AI-powered solar and battery optimization solution. The partnership, facilitated by ClimateDoor and the EU's Lower Carbon Business Action program, will integrate MarkeDroid's technology across Stardust's 93+ franchise territories in Canada, US, and Caribbean.
The AI technology optimizes buy-sell-store cycles by evaluating market prices, solar production, and energy usage patterns. Stardust Solar's recent achievements include acquiring 49 U.S. territories through Solar Grids Development LLC, new franchise launches in Texas and Florida, a C$2 million project backlog for spring 2025, and a distribution agreement with Tesla for Powerwall energy storage solutions.
Stardust Solar Energy Inc. (SUNXF) ha firmato una lettera d'intenti non vincolante con MarkeDroid, azienda estone, per diventare il distributore esclusivo in Nord America della loro soluzione di ottimizzazione solare e delle batterie basata sull'intelligenza artificiale. La partnership, facilitata da ClimateDoor e dal programma EU Lower Carbon Business Action, integrerà la tecnologia di MarkeDroid in oltre 93 territori franchising di Stardust in Canada, Stati Uniti e Caraibi.
La tecnologia AI ottimizza i cicli di acquisto, vendita e stoccaggio valutando i prezzi di mercato, la produzione solare e i modelli di consumo energetico. Tra i recenti successi di Stardust Solar figurano l'acquisizione di 49 territori statunitensi tramite Solar Grids Development LLC, il lancio di nuovi franchising in Texas e Florida, un portafoglio ordini di 2 milioni di dollari canadesi per la primavera 2025 e un accordo di distribuzione con Tesla per le soluzioni di accumulo energetico Powerwall.
Stardust Solar Energy Inc. (SUNXF) ha firmado una carta de intenciones no vinculante con MarkeDroid, empresa con sede en Estonia, para convertirse en el distribuidor exclusivo en Norteamérica de su solución de optimización solar y de baterías impulsada por inteligencia artificial. La colaboración, facilitada por ClimateDoor y el programa de la UE Lower Carbon Business Action, integrará la tecnología de MarkeDroid en más de 93 territorios franquiciados de Stardust en Canadá, EE. UU. y el Caribe.
La tecnología de IA optimiza los ciclos de compra, venta y almacenamiento evaluando los precios del mercado, la producción solar y los patrones de consumo energético. Entre los logros recientes de Stardust Solar se incluyen la adquisición de 49 territorios en EE. UU. a través de Solar Grids Development LLC, nuevos lanzamientos de franquicias en Texas y Florida, una cartera de proyectos por 2 millones de dólares canadienses para la primavera de 2025 y un acuerdo de distribución con Tesla para soluciones de almacenamiento de energía Powerwall.
Stardust Solar Energy Inc. (SUNXF)는 에스토니아에 본사를 둔 MarkeDroid와 비구속적 의향서(LOI)를 체결하여 북미 지역에서 AI 기반 태양광 및 배터리 최적화 솔루션의 독점 유통업체가 되었습니다. 이 파트너십은 ClimateDoor와 EU의 Lower Carbon Business Action 프로그램의 지원으로 이루어졌으며, MarkeDroid의 기술을 캐나다, 미국, 카리브해에 걸친 Stardust의 93개 이상의 프랜차이즈 지역에 통합할 예정입니다.
이 AI 기술은 시장 가격, 태양광 생산량, 에너지 사용 패턴을 평가하여 구매-판매-저장 주기를 최적화합니다. Stardust Solar의 최근 성과로는 Solar Grids Development LLC를 통한 미국 내 49개 지역 인수, 텍사스와 플로리다에서의 신규 프랜차이즈 출범, 2025년 봄을 위한 200만 캐나다 달러 규모의 프로젝트 잔고, 그리고 Tesla의 Powerwall 에너지 저장 솔루션과의 유통 계약 체결이 포함됩니다.
Stardust Solar Energy Inc. (SUNXF) a signé une lettre d'intention non contraignante avec MarkeDroid, une entreprise basée en Estonie, pour devenir le distributeur exclusif en Amérique du Nord de leur solution d'optimisation solaire et de batterie alimentée par intelligence artificielle. Ce partenariat, facilité par ClimateDoor et le programme européen Lower Carbon Business Action, intégrera la technologie de MarkeDroid dans plus de 93 territoires franchisés de Stardust au Canada, aux États-Unis et dans les Caraïbes.
La technologie IA optimise les cycles d'achat, de vente et de stockage en évaluant les prix du marché, la production solaire et les habitudes de consommation d'énergie. Parmi les récentes réalisations de Stardust Solar figurent l'acquisition de 49 territoires américains via Solar Grids Development LLC, le lancement de nouvelles franchises au Texas et en Floride, un carnet de commandes de 2 millions de dollars canadiens pour le printemps 2025, ainsi qu'un accord de distribution avec Tesla pour les solutions de stockage d'énergie Powerwall.
Stardust Solar Energy Inc. (SUNXF) hat eine unverbindliche Absichtserklärung (LOI) mit dem estnischen Unternehmen MarkeDroid unterzeichnet, um exklusiver nordamerikanischer Vertriebspartner ihrer KI-gestützten Lösung zur Optimierung von Solar- und Batteriesystemen zu werden. Die Partnerschaft, unterstützt von ClimateDoor und dem EU-Programm Lower Carbon Business Action, wird MarkeDroids Technologie in über 93 Franchise-Gebieten von Stardust in Kanada, den USA und der Karibik integrieren.
Die KI-Technologie optimiert Kauf-, Verkaufs- und Speicherzyklen durch die Bewertung von Marktpreisen, Solarproduktion und Energieverbrauchsmustern. Zu den jüngsten Erfolgen von Stardust Solar zählen der Erwerb von 49 US-Gebieten über Solar Grids Development LLC, die Eröffnung neuer Franchise-Standorte in Texas und Florida, ein 2 Millionen kanadische Dollar umfassender Projektauftragsbestand für das Frühjahr 2025 sowie ein Vertriebsabkommen mit Tesla für Powerwall-Energiespeicherlösungen.
- Exclusive North American distribution rights for MarkeDroid's AI technology
- Expanding network of 93+ franchise territories across North America
- C$2 million backlog in signed contracts for spring 2025
- Strategic acquisition of 49 U.S. territories
- Partnership with Tesla for Powerwall distribution
- LOI is non-binding, indicating uncertainty in final agreement terms
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (FSE: 6330) (OTCQB: SUNXF) (the "Company" or "Stardust Solar"), a leading North American franchisor of renewable energy installation services, is pleased to announce that it has signed a non-binding Letter of Intent dated effective May 25, 2025 ("LOI") with MarkeDroid OÜ, an Estonia-based provider of renewable energy virtual power plant services ("MarkeDroid"), to become the exclusive North American distributor of the MarkeDroid A.I. based solar and battery optimization solution. This strategic partnership was facilitated by ClimateDoor and the European Union's Lower Carbon Business Action program, connecting innovative EU technologies with Canadian market leaders.
Partnership Highlights
- Pursuant to the terms of the LOI, it is expected that Stardust Solar will integrate and white-label MarkeDroid's AI-powered optimization solution across its network of 93+ franchise territories throughout Canada and the United States, and Caribbean
- MarkeDroid technology evaluates market prices, on-site solar production, and energy usage patterns to optimize buy-sell-store cycles for maximum efficiency
- It is expected that MarkeDroid's advanced battery arbitrage and grid flexibility services will help boost energy savings and reduce costs for the Company's residential and commercial customers
"We are excited to bring MarkeDroid's intelligent optimization technology to North America, further enhancing the value proposition of our solar and battery storage installations," said Mark Tadros, Founder and CEO of Stardust Solar. "This partnership reflects our commitment to delivering solutions that not only drive down costs but also accelerate renewable energy adoption across our growing footprint."
This LOI represents an important milestone in Stardust Solar's expansion strategy. Which builds off of the Company's recent achievements, including:
- The acquisition of 49 U.S. territories through the strategic Solar Grids Development LLC asset purchase
- New franchise launches in high-growth markets including Dallas-Fort Worth, Texas, and Florida
- A project backlog exceeding C
$2 million backlog in signed contracts for solar and energy storage installations set to commence in spring 2025 across the Company's franchise network; - Key Strategic partnerships, such as such as its distribution agreement with Tesla for the Powerwall energy storage solution.
Management believes that the partnership with MarkeDroid will further strengthen Stardust Solar's reputation for innovation and its ability to deliver superior returns on renewable energy investments.
"Through our partnership with Stardust Solar, we will aim to make a tangible impact on North American renewable energy markets," said Toomas Teesaar of MarkeDroid. "Stardust Solar's extensive installer network and commitment to exceptional service are an ideal match for our vision of enabling more flexible and efficient clean energy ecosystems."
About MarkeDroid Artificial Intelligence Technology:
MarkeDroid leverages proprietary AI asset-specific modeling. MarkeDroid's AI models were developed in collaboration with data scientists from STACC, a firm that has connections with the University of Tartu. This enables MarkeDroid to both possess advanced models and utilize relevant data effectively.
The foundational data for MarkeDroid's models includes:
- Production forecasts based on location-specific weather predictions
- Consumption forecasts derived from historical data
- Energy prices, market prices, and energy contract components
- On-site setup parameters such as PV capacity (kW), battery storage (kWh), and rights to sell energy
These inputs form the basis for calculating the most optimal 24-hour plan for each asset. In the event of changes--such as grid balancing or fluctuations in energy storage-- MarkeDroid's system recalculates the plan based on the new conditions.
To ensure the effectiveness of its planning, MarkeDroid utilizes three distinct models. By monitoring the fixed variations among these models, MarkeDroid can proactively intervene if deviations indicate potential issues
The partnership between Stardust Solar and MarkeDroid is expected to create not only financial benefits, but also important environmental advantages by reducing reliance on grid electricity and lowering carbon emissions. The LOI is expected to establish a pathway toward a legally binding commercial contract supported by EU-funded Technical Assistance, which, if entered into, will create opportunities for future collaboration and technology co-development.
Completion of the transactions contemplated in the LOI remains subject to the satisfaction of various conditions including, without limitation, the receipt by the Company and MarkeDroid of all necessary corporate and regulatory approvals and other conditions customary for transactions of this nature, and entering into a definitive agreement. Stardust Solar and MarkeDroid are arm's length parties, and no finder's fees are expected to be paid in connection with the transactions contemplated in the LOI.
About Stardust Solar:
Stardust Solar is a North American franchisor of renewable energy installation services, specializing in solar panels (PV), energy storage systems, and electric vehicle supply equipment. The Company equips entrepreneurs with branded business management services, cutting-edge equipment, and comprehensive support, including marketing, sales, engineering, and project management. With franchises across Canada and the United States, Stardust Solar drives the adoption of clean energy solutions that boost economic development and create a more sustainable future.
Media and Investor Contacts:
Steve Rickaby
Communications and Investor relations
Phone: 1-672-472-1345
Email: steve@stardustsolar.com
Website: www.stardustsolar.com
Disclaimer:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements, including statements relating to the entering into of a definitive agreement with MarkeDroid, the completion of the transactions set forth in the LOI on the terms described herein or at all, the expected benefits of the Company's partnership with MarkeDroid, the Company's business plans and expected future growth, expected franchise expansions, the outlook of future operations, revenue growth, new opportunities and the demand for the Company's products. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention. It assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
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