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mPower Technology

mPower Technology

Private
Albuquerque, New MexicoEnergy & Sustainabilityhttps://mpowertech.com/

Last Round

Series B

Extension

Aug 26, 2025

Est. Valuation

$97M

Total Funding Raised

$42.45M

Company Overview

mPower Technology is an aerospace and defense company that develops DragonSCALES, a flexible and interconnected mesh of miniature solar cells for space applications.

Sector

Energy & Sustainability

Verticals

Space Technology, Renewable Energy, Defense Tech, Advanced Materials

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

space solarflexible solar cellsspace-grade solarDragonSCALESsatellite power systemsradiation-hardened electronicsspace hardwarephotovoltaic modulesdeployable solar arraysnewspaceaerospace manufacturingdefense techsmall business innovation researchSBIR

Historical Pricing

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Caplight Momentum Score

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mPower Technology Comparables

Compare mPower Technology with similar companies based on industry and business-model similarity.

mPower Technology comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
MMA Space
80%
DHV Technology
78%
AZUR SPACE Solar Power GmbH
77%

mPower Technology Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionAug 26, 2025
Series BMay 8, 2025
Series BFeb 1, 2022
Series A ExtensionMar 24, 2020
GrantDec 17, 2019
Series A
Oct 28, 2019

Key People

Founding team and executive leadership

Kevin Hell

President and Chief Executive Officer

Executive Team

Murat Okandan

CTO

Executive Team

mPower Technology Investors

Notable investors and investment history

mPower Technology investors
InvestorRounds
Lockheed Martin VenturesSeries B Extension, Series B
Sun Mountain CapitalSeries A, Series A Extension
Cottonwood Technology FundSeries A, Series B, Series A Extension
Hemisphere VenturesSeries B
Shield CapitalSeries B Extension, Series B
Razor's Edge VenturesSeries B Extension, Series B
OneTen° CapitalSeries A, Series A Extension

Market signals

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  • Nov 30, 2025

    Added Blue Origin Company as a customer.

  • Apr 28, 2025

    $21M round led by Razor's Edge Ventures.

mPower Technology Filings

SEC and related filings with document metadata.

Data table
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mPower Technology Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAlbuquerque, New Mexico
Employee Range24
Year Founded2015
Last FundingAug 26, 2025

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