mPower Technology

mPower Technology

Private
Albuquerque, New MexicoFrontier & Industrial Techhttps://mpowertech.com/

Last Round

Series B

Extension

Aug 26, 2025

Total Funding Raised

$59.35M

Momentum Score

25 /100

Company Overview

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

Sector

Frontier & Industrial Tech

Verticals

Space Technology, Renewable Energy, Semiconductors, Defense Tech, Advanced Materials

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

space solar powerDragonSCALESflexible solar cellslightweight solar cellsspace solar arrayssatellite solar powerNewSpacesilicon solar cellsaerospace and defensesatellite constellationsspace powergovernment contractsSmall Business Innovation ResearchSBIRlunar missionshigh-volume manufacturingmodular solar cells

Historical Pricing

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Caplight Momentum Score

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mPower Technology Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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mPower Technology Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionAug 26, 2025
Series BMay 8, 2025
Series BFeb 1, 2022
Series AMar 24, 2020

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

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

Market signals

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  • Nov 30, 2025

    Added Blue Origin Company as a customer.

mPower Technology Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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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 Range23
Year Founded2015
Last FundingAug 26, 2025

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