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Full-Time

Hardware Product Manager

Posted on 5/17/2024

Lunar Energy

Lunar Energy

51-200 employees

Modular energy storage solutions for homeowners

Hardware
Energy
Social Impact

Compensation Overview

$130k - $180kAnnually

+ Medical + Dental + Vision Insurance + Flexible Paid Time Off + 401(k) Plan + Paid Parental Leave + Subsidized EV Charging + Pre-tax Commuter Benefits + Cell Phone Stipend

Senior, Expert

Mountain View, CA, USA

Category
Product Management
Product
Required Skills
Market Research
Sales
Communications
Requirements
  • Minimum of 5 years of experience with sales engineering, application engineering, or product management in the energy sector.
  • Bachelor's or Master’s degree in Engineering or a related field
  • Experience developing or commercializing energy products, including solar, energy storage, EV charging, or other power equipment products.
  • Ability to quickly grasp product capabilities and constraints, and effectively communicate to non-technical audiences.
  • Experience working with hardware OEMs on vendor qualification and co-development
  • Exceptional analytical skills and the ability to synthesize large qualitative and quantitative information from market research, sales feedback, and customer conversations into actionable product insights.
  • Excellent communication and interpersonal skills, capable of building strong relationships with internal and external stakeholders.
  • Strong attention to detail and ability to execute parallel projects in a fast-paced environment.
  • Familiarity with regulatory compliance and interconnection process of DERs
  • Deep passion for home electrification, sustainable energy, and user-centric designs.
  • Able to work onsite most working days.
Responsibilities
  • Create and maintain hardware product roadmaps.
  • Present product value propositions, differentiations, and benefits effectively to end customers, installers, and internal teams.
  • Drive implementation of key product technical documentation (datasheet, installation manuals and checklists, product training, independent engineering reports, etc.).
  • Gather and synthesize industry trends, market intelligence, and competitor benchmarking data.
  • Define and track performance criteria for new product pilots.
  • Provide sales engineering support throughout pre-sales, design and deployment of Lunar hardware into new and complex applications and markets.
  • Drive hardware product kitting to optimize customer experience.

Lunar Energy provides energy storage solutions specifically designed for residential clients. Their main product, the Lunar System, is a modular energy storage unit that can be expanded as energy needs increase, allowing homeowners to store energy generated from solar panels. This stored energy can be used during peak hours or power outages, ensuring a reliable power supply. The system is user-friendly and comes with an app that helps users monitor their energy usage and storage. Unlike many competitors, Lunar Energy focuses on sustainability and energy independence, catering to environmentally conscious homeowners. Their goal is to help clients save money on energy bills while providing a dependable backup during outages.

Company Stage

Series C

Total Funding

$527M

Headquarters

Mountain View, California

Founded

2020

Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

32%
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Simplify's Take

What believers are saying

  • Lunar Energy's recent $300M funding from Sunrun and SK Group positions it for rapid growth and technological advancements.
  • The company's innovative approach to energy storage and management, including the acquisition of GridShare software, enhances its competitive edge in the renewable energy market.
  • Recognition through prestigious awards and strategic partnerships with industry leaders like Sunrun highlight Lunar Energy's potential for significant market impact.

What critics are saying

  • The residential energy storage market is highly competitive, with dominant players like Tesla posing a significant threat to Lunar Energy's market share.
  • Dependence on partnerships for distribution, such as with Sunrun, could limit Lunar Energy's control over its market strategy and customer relationships.

What makes Lunar Energy unique

  • Lunar Energy's modular energy storage system offers unparalleled scalability, allowing homeowners to expand their energy storage capacity as needed, unlike many fixed-capacity solutions.
  • The company's focus on user-friendly design, as evidenced by their iF Design Awards, sets them apart in a market where technical complexity often deters potential customers.
  • Partnerships with leading solar panel installers like Sunrun provide Lunar Energy with a robust distribution network, enhancing market penetration and customer trust.
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