mPower Technology, a leading provider of solar power solutions for space, announced it has raised over $21 million in Series B funding led by Razor’s Edge Ventures and joined by Shield Capital.
What the funding will be used for: The new funding will be used to further scale production capacity and continue the advancement of DragonSCALES. The funding also positions the company for sustained leadership in the rapidly expanding commercial and national security space markets. This capital raise builds upon mPower’s Series A financing led by Cottonwood Technology following the spin-off from Sandia National Laboratories.
