Space Solar Power Startup Mower Technology has closed a B series of $ 21 million to help evolve the production of its solar modules.
Razor’s Edge Ventures led the Tour, which also included the participation of Shield Capital. Funding allows Mpower to extend its automated manufacturing line for its flexible technology on the solar network as well as developing its workforce, CEO Kevin Hell said in a press release.
“The whole space ecosystem is at the dawn of transformational growth, and nothing happens in space without power. It is a critical catalyst,” said Mark Spoto, director of Razor’s Edge, in a press release. “The confidence we have in Mower is based on real evidence: its solar solutions are in orbit and offer a value now.”
Meet Mpower: The Albuquerque -based company, which has made Sandia national laboratories in 2015, collected $ 21.4 million in a pair of A series. Its central product is dragonscal, a flexible and light mesh in silicon solar cells. The equipment can bring power to everything, from Leo constellations to spatial logistical flights to missions on the Moon and Mars, according to the Mower website.
The technology has already reached the success of the Orbital-Dragonscals stolen for the first time aboard a Direct-to-To-Device SAT Lynk in 2021.
What is the next step: This year, Mower will start delivering scales to provide solar energy for more than 200 Airbus satellites. The value of the contract, which was reward In October, was not disclosed. While Hell said he saw a lot of opportunities in Leo, he expects the Trump administration to focus on the moon and Mars will stimulate driving for dragonscals.
“Our silicon technology works well in the cold, and our resilient and flexible dragonscal architecture is well suited to the management of a variety of lunar use cases,” he said.
Correction: This story has been updated to more precisely characterize the size of solar cells and update the amount collected in the A series.