HardwareLoveland, CO, USAFounded 2019· One of 1708 Hardware companies tracked by AMPulse
Develops power processing hardware and software to transform power for space applications including electric propulsion, spacecraft power distribution, and in-space manufacturing.
CEO / Founder
Gary Calnan
Team Size
1-10
Stage
Active
Total Funding
$5.3M
Latest Round
Seed
Key Investors
Colorado ONE Fund, Stout Street Capital, RIT Venture Fund, Deming Center Venture Fund, US Space Force
Technology & Products
Key Products
MOD-PPU-1000, MOD-PPU-6000, UHVPS power processing units
Technological Advantage
Versatile architecture for power processing units configurable for electric propulsion and high voltage systems; flight-proven technology with space heritage.
Differentiation
Value Proposition
Delivers flight-proven power hardware and software for the space industrial economy, enabling efficient power processing for electric propulsion and high-voltage systems.
How They Differentiate
Industry-leading size and weight optimization for payload opportunity; configurable settings supporting unregulated bus voltages; scalable design ensuring fast production.
Market & Competition
Target Customers
Space economy operators (debris recyclers, propellant users), US Space Force
Industry Verticals
Space Infrastructure; Defense
Competitors
Redwire; Velo3D
Growth & Milestones
Growth Metrics
Flight-proven power processing technology launched on SpaceX Transporter-16 for NASA-funded demonstration (Mar 30, 2026); $2.6M seed round raised March 2026.
Major Milestones
Power processing technology launched on SpaceX Transporter-16 for NASA-funded demonstration (Mar 30, 2026); $2.6M oversubscribed seed round (Mar 2026); Stout Street Capital investment (Nov 2025).
CisLunar Industries targets a gap in the emerging in-space economy: the ability to process orbital debris and lunar resources into usable metal without relying on Earth-launched materials. Its Modular Space Foundry (MSF) is designed to convert cast aluminum debris into dense components in microgravity, using solid-state additive manufacturing rather than traditional melting or powder-based methods. The MSF is designed to weigh under 100 kg, making it compatible with small satellite platforms and future orbital depots.
The company also develops EPIC power electronics for resilient space power infrastructure, a complementary product line that supports both its own foundries and broader space operations. CisLunar has demonstrated solid-state 3D printing in collaboration with Baylor University and holds a patent-pending design for its Micro Space Foundry. A $1.7 million contract from the US Space Force funds further MSF development, positioning the company within defense and space infrastructure verticals.
CisLunar competes with larger players such as Redwire and Velo3D, but differentiates through its focus on debris-to-feedstock recycling and lightweight, modular hardware. Its partnerships with Astroscale U.S., Colorado State University, and Baylor University support technology maturation. The company has raised $5.7 million from investors including the Colorado ONE Fund, Stout Street Capital, and the RIT Venture Fund. A key open question is whether solid-state AM can achieve the throughput and material properties required for propellant and structural components at scale in orbit.
Competitive Intelligence
Competitors, SWOT analysis, and investment insights