Santana, a 25-year-old Texas, native remains one of the most popular performers among fans despite a period of semi-retirement, the studio says.
He was repped in the deal by the Fabscout talent agency.
"We are very excited about bringing Jesse into our family of performers," company President Chris Ward said. "He is a show stopper of an actor — stunningly handsome and with the kind of charisma that makes a star a star.
"After working with him on the set of Naked Sword's 'Golden Gate,' we hit it off well so offering him a contract was the next logical step. We have great plans for Jesse, at both Falcon and Raging Stallion, and I think he will be one of the top stars of the next year!"
Santana said he's thrilled to come out of semi-retirement, which allowed him to attend the School of Culinary Arts in Los Angeles.
"At some point during my break from the cameras, in which I was taking some much needed time to myself, I started to miss it all," Santana said. " A company that loves my tats and piercings, and encourages my personal sexual style and preferences.
"This experience is going to be a whole lot of fun and I can't wait to show off this new RSS exclusive side of myself."