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Startup · United States

mPower Technology

HQ Albuquerque, New MexicoFounded 201511-50 employeesUpdated

Solar modules for satellites, space logistics and other space applications.

StartupSpace, launch and counterspace
Website
Total raised
$78.4M
7 rounds
Last round
$24.0M
Series B · May 8, 2025
Systems
1
Capabilities
1

Federal Obligations by Year (All USAspending, as Reported at the Time)

mPower Technology federal obligations by fiscal year
Fiscal yearDirect: contracts
FY2026 (partial)$0
FY2025$40K
FY2022$0
FY2021$501K
FY2020$597K
FY2019$50K
FY2018$99K

Direct is the company's own reviewed UEIs. Reported by USAspending is subsidiaries as reported by USAspending: recipients that name this company as their parent, not yet reviewed ownership.

Directly matched recipients (up to 12)

UEIs matched to this organization, largest obligations first. Subsidiary recipients are not included in this list; their attributed obligations can appear in the company totals above.

Each action is credited by the ownership basis shown in its column. Reported-parent rows count for mPower Technology only for the period a subsidiary reported mPower Technology as its parent; reviewed links follow their reviewed dates. Net of de-obligations; these are obligations, not ceilings. They come from the whole USAspending baseline (every recipient size, contracts and assistance) and are a separate view from the curated contract totals on this page. FY2026 and later are partial, as on Markets.

Funding7 rounds · $78.4M

Equity raised
$78.4M
Debt, secondaries & grants
$50K
Latest
$24.0MSeries B · May 8, 2025
Cumulative raised$78.4M
Oct 18, 2019May 8, 2025
  • Series B
    Led by Razor's Edge Ventures
    $24.0M
    May 8, 2025
  • Undisclosed
    Confirmed
    $21.1M
    Apr 11, 2025
  • Series B
    Led by Cottonwood Technology Fund
    $10.0M
    Feb 1, 2022
  • Undisclosed
    Confirmed
    $16.2M
    Jan 21, 2022
  • Series A
    $1.9M
    Mar 24, 2020
  • Undisclosed
    Confirmed
    $5.3M
    Oct 18, 2019
  • Debt
    Confirmed
    $50K
    May 30, 2017

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems1

  • DragonSCALES™An ultra‑light, ultra‑adaptable silicon solar cell solution for space applications.
    —

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities1

  • Space, launch and counterspace
    Developer
    classify_sectors run 37, haiku, taxonomy 2026-10-18b: Solar modules for satellites and space logistics; no defense use is stated.
    —Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People2

All 2 people →
People
PersonRole
Kevin HellFounder
Murat OkandanFounder

More in Space, Launch and Counterspace

All organizations in Space, launch and counterspace →

Sources10

Profile3

  1. 1
    CompanymPower Technology - Leading Solar Cell Technology for Space

    mPower Technology · Supports Organization

    “PROVIDER OF SOLAR MODULES FOR SPACE”
  2. 2
    CompanyShield Capital - Investing in Technologies that Matter

    Shield Capital · Supports Organization · kind

    “Shield Capital is a venture capital firm investing in early-stage companies”
  3. 3
    CompanymPower Technology - Leading Solar Cell Technology for Space

    mPower Technology · Supports Organization · name

    “mPower Technology - Leading Solar Cell Technology for Space”

Systems1

  1. 4
    CompanymPower Technology - Leading Solar Cell Technology for Space

    mPower Technology · Supports System

    “Developed at Sandia National Laboratories and rigorously field- and flight-tested and proven, DragonSCALES™ is the world's most advanced ultra-light, ultra-adaptable silicon solar cell solution.”

Funding5

  1. 5
    Regulatory filingmPower Technology, Inc. - SEC Form D (0001708817-25-000004)

    U.S. Securities and Exchange Commission · Apr 28, 2025 · Supports Funding round · amount

    “Total Amount Sold $ 21,124,981 USD”
  2. 6
    Regulatory filingmPower Technology, Inc. - SEC Form D/A (0001708817-23-000001)

    U.S. Securities and Exchange Commission · Oct 10, 2023 · Supports Funding round · amount

    “Total Amount Sold $ 16,154,403 USD”
  3. 7
    Regulatory filingmPower Technology, Inc. - SEC Form D/A (0001708817-21-000001)

    U.S. Securities and Exchange Commission · Apr 6, 2021 · Supports Funding round · amount

    “Total Amount Sold $ 5,250,000 USD”
  4. 8
    Regulatory filingmPower Technology, Inc. - SEC Form D (0001708817-17-000001)

    U.S. Securities and Exchange Commission · Jun 14, 2017 · Supports Funding round · amount

    “Total Amount Sold $ 50,000 USD”
  5. 9
    CompanymPower Technology | LinkedIn

    LinkedIn · Supports Funding round, Organization · founded year, Organization · hq region, Organization · ownership

    “funding round: Series B, 2025-05-08, USD 24,000,000, lead: Razor's Edge Ventures”

People1

  1. 10
    DatabasemPower Technology — headquarters location

    Crunchbase via Bright Data · Supports Organization · headquarters, Organization · num employees, Role · founders

    “{"country_code": "United States", "location": [{"name": "Albuquerque", "permalink": "albuquerque-new-mexico"}, {"name": "New Mexico", "permalink": "new-mexico-united-states"}, {"name": "United States", "permalink": "united-states"}, {"name": "North America", "permalink": "north-america"}]}”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.