NexWafe, German deep-tech company, has received a €26 million (~ $30,54 million) equity award letter under the EIC STEP Scale Up program. The funding is being provided as equity, with due diligence currently underway, and will be part of the company’s Series D round to help expand production and start commercial operations in 2027. NexWafe is also building its first industrial manufacturing facility in Bitterfeld, Germany, with initial capacity of 50 MW for advanced solar wafers serving terrestrial and space markets. Its thin wafer technology is designed to meet space-grade requirements such as high material quality, performance stability, and radiation tolerance and has drawn interest from space-sector customers focused on next-generation satellite constellations.