mPower Technology

Space power isn’t just a technology challenge anymore. It’s a manufacturing one.

In the latest edition of Beyond the Grid, mPower CEO Kevin Hell shares how the company is moving from prototype-era production to automated, high-volume manufacturing—and why that shift matters for the next phase of the space economy.
As Kevin explains, scaling space-grade solar isn’t just about adding equipment. It’s about optimizing yield, building a skilled workforce, and designing power architectures that can support very different missions without slowing production.

With the company's DragonSCALES technology, customization doesn’t come at the cost of throughput—geometry, voltage, and layout can all be tailored while the line keeps moving. That’s what allows space power to scale alongside growing mission demand.

Read the full Q&A: Beyond the Grid: Manufacturing power for the next era of space 👉 https://mpowertech.com/blog/beyond-the-grid-manufacturing-power-for-the-next-era-of-space-kevin-hell-ceo

We’re excited to share that Lockheed Martin Ventures has made a strategic investment in mPower Technology, strengthening our Series B funding round to more than $24M. The round was initially led by Razors Edge Ventures and joined by Shield Capital.

This funding supports the growth of our DragonSCALES™ solar modules, which combine flexibility, resilience, and scalability with proven on-orbit performance.

With these resources, mPower is:

🚀 Scaling high-volume U.S. production through our new automated line in New York, capable of producing 2 MW annually.

🚀 Delivering on key contracts, including over 1.1 MW for Airbus’ AURORA™ program.

🚀 Advancing space power solutions for government, commercial, and defense applications.

We are grateful for the trust of our investors and partners and proud of the work our team is doing to deliver space-ready power at scale.

One week after closing our $21 M Series B led by Razor's Edge Ventures and joined by Shield Capital. We're ready to accelerate DragonSCALES production like never before.

Catch some of the latest coverage for a deeper look:

👉 SpaceNews — Silicon solar power specialist gets $21 million for mass production: https://spacenews.com/silicon-solar-power-specialist-gets-21-million-for-mass-production/

👉 Payload— mPower Technology Raises $21M Series B: https://payloadspace.com/mpower-technology-raises-21m-series-b/

👉 Albuquerque Business First — Sandia spin‑off company secures $21 M funding: https://www.bizjournals.com/albuquerque/inno/stories/news/2025/05/14/sandia-spin-off-company-secures-21m-funding.html

Huge thanks to our investors, partners, and the mPower team. We’re just getting started. ⚡️

Albuquerque-based space solar startup mPower raises $21 million in funding - Albuquerque Business First Investors are betting big on a New Mexico company's innovative solar technology that's already powering satellites orbiting high above Earth.