MP Space
MP Space develops high-reliability spacecraft power systems, including lithium-ion battery packs, designed for high-volume production.
MP Space is a space & defense company based in AU. It has raised $16.16 million in disclosed funding. Its latest round was a Seed of A$23 million in November 2026.
Overview
MP Space develops spacecraft power systems tailored for the requirements of the modern orbital economy [0]. The company’s flagship product, "Pack2," is a lithium-ion battery platform that integrates the battery management system, survival heaters, protection circuits, and communication interfaces into a single, low-cost unit designed for high reliability [0]. Targeting low-Earth orbit (LEO) applications, the firm prioritizes low Size, Weight, and Power (SWaP) metrics to assist spacecraft manufacturers in scaling their flight operations [0]. The startup emphasizes high-volume manufacturing processes, with plans to expand its product roadmap from battery packs into full Electrical Power Systems (EPS) [0]. Based in Sydney, MP Space was established in 2024 by a founding team with deep technical backgrounds in battery engineering, automotive powertrain, and manufacturing at companies including Tesla, Apple, and Zoox [0]. As of November 2026, MP Space is a seed-stage venture having raised $16.16 million in capital. The company aims to transition the space industry away from artisanal component production toward repeatable, industrial-scale hardware infrastructure [0].
Funding
Total disclosed: $16.2M across 1 round. Computed only from sourced rounds.
Investors
Questions and answers
What does MP Space do?
MP Space develops high-reliability spacecraft power systems, including lithium-ion battery packs, designed for high-volume production.
How much has MP Space raised?
MP Space has raised $16.16 million in disclosed funding across 1 round tracked by OSH.
Who has invested in MP Space?
Investors in MP Space include Blackbird Ventures, MFV Partners, Seraphim Space, Speedinvest, and Systemiq Capital.
Sources
- 1.🇦🇺 This Week in Australian Startups #184, 1st November 2026 — news.harisq.com
- 2.Ex-Tesla duo’s startup lands one of Australia’s biggest space seed rounds — Forbes Australia, Oct 25, 2026
- 3.MP Space · Official