What is mPower Technology?
Founded in 2015 and headquartered in Albuquerque, New Mexico, mPower Technology operates at the nexus of aerospace and renewable energy. The company is distinguished by its proprietary DragonSCALES technology, an ultralight, flexible solar-cell solution engineered for the rigorous conditions of space. This innovative product offers unparalleled scalability and resilience, positioning mPower as a key enabler for satellite constellations, lunar missions, and the burgeoning space logistics sector. Through strategic manufacturing alliances and a commitment to efficient production, mPower is poised to power the future of extraterrestrial 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 Shield Capital, Cottonwood Technology Fund, and Razor's Edge Management
Key Investors in mPower Technology
Shield Capital
Shield Capital, comprised of seasoned investors and national security leaders, focuses on supporting frontier solutions in cybersecurity, AI, and space for both commercial and government entities.
Cottonwood Technology Fund
Cottonwood Technology Fund is an early-stage venture capital firm specializing in patent-based hard science and deep tech startups, particularly in photonics, nanotechnology, and health sciences, with a focus on the Southwest USA and Northern Europe.
Razor's Edge Management
Razor's Edge Ventures invests at the intersection of national security and commercial enterprise, supporting rapidly growing technology companies with a team of experienced entrepreneurs and operators.
What's next for mPower Technology?
With its latest round of enterprise-level financing, mPower Technology is strategically positioned for accelerated growth and market penetration. The substantial capital infusion is expected to fuel the expansion of its manufacturing capabilities and further development of its DragonSCALES technology. This backing will likely enable mPower to solidify its position as a leading provider of advanced solar solutions for the space industry, potentially driving new innovations in satellite power systems and supporting the increasing demand for sustainable energy in space exploration and commercial ventures.
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