What is mPower Technology?
Founded in 2015 and headquartered in Albuquerque, New Mexico, mPower Technology operates at the intersection of the aerospace and renewable energy sectors. The company is distinguished by its flagship product, DragonSCALES, an ultralight, flexible solar-cell technology engineered for demanding space environments. This advanced solution offers unparalleled scalability, customization, and resilience, making it ideal for critical applications such as satellite constellations, lunar missions, and space logistics. mPower's strategic focus on rapid, economical production, bolstered by manufacturing partnerships, positions it as a key player in powering the future of space exploration and energy infrastructure.
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 Razor's Edge Management, Cottonwood Technology Fund, and Shield Capital
Key Investors in mPower Technology
Razor's Edge Management
Razor's Edge Management is an investment firm focused on companies at the nexus of national security and commercial enterprise, supporting technology firms with rapid growth potential.
Cottonwood Technology Fund
Cottonwood Technology Fund is an early-stage venture capital firm that invests in patent-based hard science and deep tech startups, particularly in photonics, nanotechnology, and advanced materials.
Shield Capital
Shield Capital is an investment group comprising veterans, founders, and national security leaders, dedicated to backing frontier solutions in cybersecurity, AI, space, and autonomy.
What's next for mPower Technology?
The substantial enterprise-level funding received by mPower Technology, particularly the Series B investment, indicates a strategic pivot towards scaling operations and expanding market reach. This capital infusion is expected to accelerate the commercialization of DragonSCALES and further solidify the company's position in the aerospace and renewable energy markets. Future endeavors will likely involve enhancing manufacturing capabilities, forging new strategic alliances, and potentially exploring new applications for their cutting-edge solar technology, driving innovation in space-based energy solutions.
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