The New Mexico company secured $21 million from investors who believe in its unique approach to solar energy. This new funding will help mPower build more products and reach bigger markets.
What makes mPower special is its DragonSCALES technology. Unlike traditional solar panels, these are thin, lightweight, and can bend. Imagine solar panels that work like fabric rather than glass.
“This technology marks a huge leap forward for solar power,” says Kevin Hell, mPower’s CEO. “We can put these panels on curved surfaces where regular panels won’t work.”
The money comes from several investment groups, including Cottonwood Technology Fund and Sun Mountain Capital. These investors see major potential in flexible solar solutions.
mPower plans to use this cash to scale up manufacturing. They’ll build more panels and develop new products for different industries. The company wants to move beyond their current focus on space applications and expand into consumer markets.
The timing couldn’t be better. Solar energy adoption is growing worldwide as countries seek cleaner power sources. The U.S. Department of Energy reports that solar installation costs have dropped 70% over the last decade.
“Flexible solar technology opens doors that traditional panels simply can’t,” explains Maria Rodriguez, a renewable energy analyst. “These panels can go on backpacks, vehicles, or curved building surfaces.”
What’s exciting about DragonSCALES is how they’re made. The panels use tiny solar cells arranged like dragon scales, which makes them durable and efficient. If one cell fails, the others keep working.
The company started by focusing on space technology, where lightweight solar panels are crucial for satellites and spacecraft. Now they’re looking at uses here on Earth.
This $21 million investment shows growing confidence in next-generation solar technology. As companies seek more sustainable energy options, flexible solar panels offer new possibilities.
The solar market is expected to grow substantially in coming years. The International Energy Agency predicts solar will become the largest source of electricity by 2050.
mPower’s expansion also means new jobs in New Mexico’s growing tech sector. The company plans to increase its workforce to meet production demands.
Looking ahead, flexible solar technology could transform how we integrate power generation into everyday objects. Imagine clothing that charges your phone or car roofs that power your vehicle.
The challenge now is scaling production while keeping costs competitive with traditional solar options. If mPower succeeds, we might soon see their dragon-inspired solar cells in unexpected places.
As solar technology continues evolving, companies like mPower are pushing boundaries of what’s possible. The future of energy might not just be clean—it might be flexible too.
Learn more about emerging energy innovations and how they’re reshaping our relationship with power generation and consumption.
