About Us

QSM is developing production facilities across multiple continents, bringing solar wafer manufacturing closer to major regional markets.

Our expansion strategy follows a phased approach - rapidly establishing capacity then scaling to meet local demand.

United States California

In the U.S., QSM is establishing a wafer plant in California to serve the booming American solar market. This facility will be one of the first new U.S. wafer production lines in many years, directly addressing the supply chain gap as currently almost all solar wafers are imported. (China today accounts for ~95% of global wafer and ingot production, a concentration that poses both supply risk and strategic vulnerability.) Our U.S. wafer line is lease-ready, allowing us to begin production on an accelerated timeline and deliver cash flow within approximately 12-18 months. By producing wafers domestically, we also position our U.S. customers (solar cell and module makers) to qualify for federal clean energy manufacturing incentives and tax credits. QSM’s U.S. operations will support national reshoring goals by creating high-tech manufacturing jobs and reinforcing energy independence.

Australia Queensland & Victoria

QSM is launching a wafer manufacturing plant in Brisbane, Australia, targeting the local and Asia-Pacific solar markets. Australia has abundant solar energy resources and demand for solar panels, but currently relies on imports for upstream components. Our Brisbane facility will be the first of its kind in the country, enabling locally made wafers for Australian solar production. Co-located in Australia is our AusQuartz subsidiary, which supplies high-purity quartz sand and produces quartz crucibles leveraging Australia’s mineral wealth to feed the solar supply chain. By integrating AusQuartz’s materials, the Brisbane plant will have secure access to critical inputs without importing from overseas. This operation exemplifies QSM’s approach of using regional resources and labor to build out the solar value chain onshore. It will generate hundreds of skilled jobs and catalyze a broader solar manufacturing ecosystem (including potential future cell or module plants) in Australia.

New Zealand: In Planning

QSM is in the advanced planning stages of establishing New Zealand operations for manufacturing. QSM aims to bolster manufaturing by building a regional polysilicon plant in Southland. We are excited to collaborate with New Zealand stakeholders and contribute to a resilient, home-grown solar manufacturing base.

Europe: In Planning

QSM is in the advanced planning stages of establishing European operations for wafer (and possibly solar cell) manufacturing. Europe has a large and growing demand for solar panels as it pursues aggressive renewable energy targets, yet it currently has virtually no domestic wafer production. By late 2023, European ingot/wafer output had effectively fallen to zero. QSM aims to fill this void and bolster Europe’s energy security by building a regional wafer plant (location to be finalized). By manufacturing in Europe for Europe, we will shorten supply lines and reduce European solar projects’ dependence on imports. Our European facility is envisioned to replicate the QSM model: utilizing proven processes and leveraging local partnerships (and government clean-tech incentives) to ramp up quickly. This expansion will support the EU’s goal of bringing supply chains home and creating new green jobs. Stage 2 of QSM’s strategy includes such greenfield expansions in Europe (and potentially Southeast Asia) to replicate our model regionally and meet global demand. We are excited to collaborate with European stakeholders and contribute to a resilient, home-grown solar manufacturing base in the EU.

QSM's philosophy

Across all these operations, QSM’s philosophy is “make it where it’s sold.” Each regional plant brings production closer to end-users, simplifying logistics and reducing transit emissions. Localized manufacturing also lets us tailor output to specific market needs and build strong relationships with domestic customers and suppliers. By working in partnership with governments and industry allies, QSM ensures that our projects align with broader industrial policy goals –

whether the U.S. Inflation Reduction Act’s support for clean energy manufacturing, Europe’s Green Deal industrial plan, or Australia’s and New Zealand’s renewable energy strategies. In every location, QSM’s presence means supply-chain de-risking, capacity building, and a boost to energy independence through local production of solar technology.

Leadership team

Jason May

Executive Chairman & Chief Executive Officer

Jason May is an experienced C-Level executive with a strong technical and business skillset. He has been involved in several publicly traded companies and has been the CEO of GSTX since 2023.

Tina Woo

Senior Vice President of Finances

Tina Woo is an accomplished finance executive with deep expertise in corporate valuation, mergers & acquisitions, global capital markets, financial modeling and organizational leadership.

Kristi Steele

VP of Business Development

Kristi Steele has worked in the fair-trade sector with anti-trafficking organizations and social enterprise, in product development, sales and marketing, assisting in lower income and impoverished communities to create fair wage and fair work for a more sustainable life.

David Halstead

Director & Chief Financial Officer

David Halstead has been a director since 2017, bringing a wide range of corporate, secretarial and trusts' experience in both offshore and onshore companies. He brings a history of global accountancy specializing in international corporate and secretarial services, and offshore tax structures.

Paul Saffron

Chief Operating Officer

Paul Saffron joined GSTX in 2023, bringing over 30 years of senior executive and leadership experience across numerous business sectors, including real estate, equities and risk management, natural resources and public utilities.

Russell Kraus

Chief Executive Officer for QSM Australia

Russell Krause has 30 years industry experience in mining, investment banking and mining project management, including the purchasing and development of mining projects in Australia, North and South America, Southern Africa and Southeast Asia.

Bill Faulkner

Corporate Advisor

Bill Faulkner serves as an executive advisor to the board, represents the largest external shareholder and has extensive experience in QSM's core markets, including renewables, energy, materials and commodities.

David Hare

Chief Sustainability Officer

David Hare is a globe-minded Kiwi and purpose-driven builder of things that matter. He brings decades of professional experience in organizational design, product development, and digital strategy by delivering award-winning technology, marketing and creative solutions that drive real-world impact.