{"id":48516,"date":"2025-08-29T00:42:57","date_gmt":"2025-08-28T16:42:57","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/lockheed-martin-invests-in-solar-array-company-mpower-technology\/"},"modified":"2025-08-29T00:42:57","modified_gmt":"2025-08-28T16:42:57","slug":"lockheed-martin-invests-in-solar-array-company-mpower-technology","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/lockheed-martin-invests-in-solar-array-company-mpower-technology\/","title":{"rendered":"Lockheed Martin Invests in Solar Array Company, mPower Technology"},"content":{"rendered":"<\/p>\n<p>New Mexico-based startup&nbsp;<strong>mPower Technology, Inc.<\/strong>, said it has received an investment from&nbsp;<strong>Lockheed Martin<\/strong>&nbsp;that will help accelerate the company\u2019s efforts to scale production of its solar modules.<\/p>\n<p data-uw-rm-sr=\"\">The investment by Lockheed Martin Ventures was not disclosed but appears to be around $3 million as the original Series B round announced in May was valued at over $21 million. The Lockheed Martin contribution raises the total Series B funding to over $24 million, mPower said on Wednesday.<\/p>\n<p data-uw-rm-sr=\"\">DragonSCALES is mPower\u2019s solar arrays product that it touts as being low-cost and high-power that will enable new designs for spacecraft. DragonSCALES have been used on Lynk Global satellites and the OneWeb JoeySat demonstrator. The product has also been selected as part of the Sparkwing solar arrays built by Airbus Netherlands B.V. for for the MDA Space Aurora satellite line.<\/p>\n<p data-uw-rm-sr=\"\">\u201cLockheed Martin brings deep mission expertise and a bold vision for the future of space and national defense,\u201d Kevin Hell, president and CEO of mPower, said in a statement. \u201cTheir support is a validation of our role in enabling rapid, scalable, and cost-effective solar power across the new space economy and in support of U.S. security priorities.\u201d<\/p>\n<p data-uw-rm-sr=\"\">The earlier Series B round was led by&nbsp;Razor\u2019s Edge Ventures&nbsp;and included&nbsp;Shield Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Mexico-based startup&nbsp;mPower Technology, Inc., said it has received an investment from&nbsp;Lockheed Martin&nbsp;that will help accelerate the company\u2019s efforts to scale production of its solar modules. The investment by Lockheed Martin Ventures was not disclosed but appears to be around $3 million as the original Series B round announced in May was valued at over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48517,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-48516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48516"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=48516"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/48517"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=48516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=48516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=48516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}