MP Space Raises AUD $23M to Scale Satellite Battery Manufacturing

Former Tesla engineers raise $23m to power space battery race

Two former Tesla engineers have raised $23m in one of Australia’s biggest deep tech seed rounds to bring industrial-scale battery power to spacecraft from Sydney.

MP Space Raises AUD $23M to Scale Satellite Battery Manufacturing

MP Space’s batteries launched for the first time last week with an undisclosed customer on SpaceX’s Bandwagon-5 mission, and already the company has orders to support 500+ spacecraft.

Satellite batteries startup MP Space takes off with $23 million Seed round

Ex-Tesla duo MP Space grabs $23m to make Aussie spacecraft batteries and drag satellite power out of the bespoke dark ages.

MP Space raises AUD $23 million seed funding round

The Sydney-based start-up will use the capital to expand local manufacturing and engineering after claiming one of Australia's largest deep-tech seed raises.