What is mPower Technology?
Founded in 2015 and headquartered in Albuquerque, New Mexico, mPower Technology specializes in the development of ultralight, flexible solar-cell technology. Its flagship product, DragonSCALES, represents a paradigm shift in space-based power generation, offering unparalleled scalability and resilience compared to traditional rigid solar panels. The company operates at the intersection of renewable energy and aerospace engineering, providing essential infrastructure for high-performance space missions. By leveraging advanced materials science, mPower has established a unique market position, enabling the next generation of space exploration and commercial satellite operations through efficient, customizable, and durable energy solutions.
How much funding has mPower Technology raised?
mPower Technology has raised a total of $21M across 1 funding round:
Series B
$21M
Series B (2025): $21M with participation from Cottonwood Technology Fund, Razor's Edge Management, and Shield Capital
Key Investors in mPower Technology
Cottonwood Technology Fund
An early-stage venture capital firm focused on patent-based hard science and deep tech startups, specializing in photonics, nanotechnology, and advanced materials.
Razor's Edge Management
A venture firm that invests at the intersection of national security and commercial enterprise, supporting rapidly growing technology companies with significant dual-use potential.
Shield Capital
A team of veteran investors and national security leaders dedicated to building frontier solutions in cybersecurity, artificial intelligence, space, and autonomy.
What's next for mPower Technology?
With the successful closure of this latest funding round, mPower Technology is poised to transition into a high-growth phase characterized by increased production capacity and deeper integration into national security and commercial space programs. The strategic focus will likely center on optimizing the manufacturing of DragonSCALES to achieve economies of scale, thereby reducing the cost-per-watt for space-based energy. As the company continues to refine its technology, it is expected to play a pivotal role in the infrastructure of future lunar missions and autonomous space logistics. The involvement of specialized investors suggests a long-term commitment to scaling deep-tech innovations that address the critical power requirements of the modern space industry.
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