Photo: mPower Technology

New Mexico-based startup mPower Technology, Inc., said it has received an investment from Lockheed Martin that will help accelerate the company’s 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 $21 million. The Lockheed Martin contribution raises the total Series B funding to over $24 million, mPower said on Wednesday.

DragonSCALES is mPower’s 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.

“Lockheed Martin brings deep mission expertise and a bold vision for the future of space and national defense,” Kevin Hell, president and CEO of mPower, said in a statement. “Their 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.”

The earlier Series B round was led by Razor’s Edge Ventures and included Shield Capital.