What does mPower Technologies do?
mPower Technologies is an Albuquerque-based provider of solar power solutions, pioneering innovative technologies with its DragonSCALES system—a flexible, interconnected mesh of miniature solar cells designed to overcome traditional constraints in solar design.
How much did they raise?
The company raised over $21M in a Series B round led by Razor's Edge Ventures, with participation from Shield Capital. This round follows a previous Series A led by Cottonwood Technology.
What are their plans for the money?
With the new funds, mPower Technologies plans to scale its production capacity and accelerate the advancement of its DragonSCALES technology, potentially transforming solar-powered design and deployment in industries such as aerospace and defense.
What have they achieved so far?
mPower Technologies has already established a strong foothold in the industry, serving major players including Airbus, Blue Origin, Honeybee, Firefly Aerospace, Lynk Global, and Gravitics, demonstrating significant progress in the adoption of its pioneering solar solutions.
