mPower Technology
Albuquerque, US · Founded 2015 · Delaware corporation · 28 employees on LinkedIn · 7 known investors
mPower Technology develops advanced power systems and solar technologies for spacecraft and space applications. The company leverages microfabrication and nanofabrication techniques to serve commercial, civil, and national security customers in the aerospace and space industries.
Founders & leadership
mPower Technology was founded in 2015 by Dr. Murat Okandan.
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Dr. Murat OkandaninCTO & FounderMurat Okandan is CTO and founder of mPower Technology, which develops power systems and solar technologies for spacecraft and space applications using microfabrication and nanofabrication techniques for commercial, civil, and national security customers. He has around 20 years of experience leading technology and product operations and large global R&D and delivery teams across enterprises and startups, with expertise spanning the full product lifecycle and the design of large-scale, high-availability systems on on-prem, hybrid, and public cloud infrastructure.
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Kevin HellinPresident and Chief Executive Officer
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Kaveh RouhaniinVice President of Space Power Systems
Board
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DB

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Lee RandBoard director
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Donald TelageBoard director
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Heim AlanBoard director
Investors · 7
Cottonwood Technology FundDenver · $1M – $25M
Razor's Edge VenturesReston · $2M – $4M
Shield CapitalSan Francisco
Sun Mountain CapitalSanta Fe
EdgereportedReston
Lockheed Martin Venturesreported · 3 sourcesBethesda
Also in the syndicate · 1
Razor's Edgelead
Reported raises · per SEC filings
Form D private placements$42.6M disclosed across 4 rounds · 2017–2025
▶$21.1MraisedApr 2025 · 16 investors · Other TechnologyRule 506(b)
▶$21.1MraisedApr 2025 · 16 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Mark SpotoDirector
- Kevin HellExecutive Officer, Director
- David BlivinDirector
- Murat OkandanExecutive Officer, Director
- Offering amount
- $23.1M
- Amount sold
- $21.1M
- Finders' fees
- $1.2M
- Placement agents
- Hollister Associates, LLC
- First sale
- Apr 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$16.2MraisedOct 2023 · 40 investors · Other EnergyRule 506(b)
▶$16.2MraisedOct 2023 · 40 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Peter KnellExecutive Officer, Director
- Kevin HellExecutive Officer, Director
- Lee RandDirector
- Murat OkandanExecutive Officer, Director
- Alan HeimDirector
- Donald TelageDirector
- David BlivinDirector
- Offering amount
- $16.2M
- Amount sold
- $16.2M
- First sale
- Jan 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.3MraisedApr 2021 · 26 investors · Other EnergyRule 506(c)
▶$5.3MraisedApr 2021 · 26 investors · Other Energy
Rule 506(c)Officers, directors & promoters on the filing
- Kevin HellExecutive Officer, Director
- Donald TelageDirector
- Lee RandDirector
- Murat OkandanExecutive Officer, Director, Promoter
- David BlivinDirector
- Kaveh RouhaniExecutive Officer
- Heim AlanDirector
- Offering amount
- $6.8M
- Amount sold
- $5.3M
- Proceeds to insiders
- $1.2M
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06c
▶$50KraisedJun 2017 · 1 investors · Other EnergyRule 506(b)
▶$50KraisedJun 2017 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Murat OkandanExecutive Officer, Director, Promoter
- Stuart RoseDirector
- Offering amount
- $1M
- Amount sold
- $50K
- Proceeds to insiders
- $100K
- First sale
- May 2017
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b, 4a5
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does mPower Technology do?
- mPower Technology develops advanced power systems and solar technologies for spacecraft and space applications. The company leverages microfabrication and nanofabrication techniques to serve commercial, civil, and national security customers in the aerospace and space industries.
- Who founded mPower Technology?
- mPower Technology was founded by Dr. Murat Okandan in 2015.
- Who are mPower Technology's investors?
- mPower Technology's investors include Cottonwood Technology Fund, Razor's Edge Ventures, Shield Capital, Sun Mountain Capital, Edge, Lockheed Martin Ventures.
- How much funding has mPower Technology raised?
- mPower Technology has disclosed $42.6M raised across 4 rounds.
- Where is mPower Technology headquartered?
- mPower Technology is headquartered in Albuquerque, US.


