A Sydney-based startup building turnkey, software-defined battery systems for the fast-growing satellite market has raised $23 million in one of Australia’s largest-ever seed funding rounds.
MP Space was founded less than three years ago by ex-Tesla engineers Jay Manley and Sam Paterson, who are putting the battery know-how they honed on electric cars to work in space.
Unlike the custom-built systems that have long dominated the sector, the duo’s lithium-ion …
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