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March 24, 2026
•Jesse LandryJesse Landry

CisLunar Industries Raises $2.6M Seed to Build Power Systems for the Space Industrial Economy

Most players in space are busy grabbing headlines. CisLunar Industries is focused on what keeps those missions alive when the spotlight fades. CisLunar Industries just raised $2.6M in seed funding out of Loveland, Colorado, and if you blink, you might miss what actually matters here. This round, led by Colorado ONE Fund with participation from Stout Street Capital, is less about capital and more about conviction in a layer most people don’t talk about until it fails. Power.

Gary Calnan and Joe Pawelski are not selling sci-fi fantasies. They are building the electrical backbone for a space economy that is starting to look less like theory and more like infrastructure. Their EPIC technology is designed to handle high power, high voltage demands in orbit, where inefficiency is not an inconvenience, it is mission failure dressed in expensive hardware.

The company started with ambitions around in-space manufacturing and resource utilization. Melt metal. Reuse debris. Build where gravity stops being helpful. That origin story still lingers, but the sharper move was recognizing the constraint early. None of that future works if power systems cannot keep up. So they leaned in, built for propulsion, directed energy, and the kind of industrial workloads that make satellites look like warmups.

Colorado ONE Fund stepping in as lead tells you something about regional conviction in deep tech that actually ships. Stout Street Capital backing it reinforces the pattern. This is not tourist capital. This is money that understands timelines, risk, and the uncomfortable reality that real breakthroughs do not come with clean quarterly narratives.

What stands out is not just the funding, it is how CisLunar Industries positioned itself to earn it. Flight heritage. Hardware that has already pushed voltage boundaries in space. A focus on reducing non recurring engineering costs and lead times, which in aerospace is code for making the impossible slightly more repeatable. Investors did not buy a pitch. They bought proof wrapped in potential.

The broader signal hides in plain sight. The space economy is fragmenting into layers, and the winners are not always the ones grabbing headlines. Some are building the rails, or in this case, the current running through them. Power is becoming strategy.

Gary Calnan and Joe Pawelski are playing a long game in a market that is finally catching up to their thesis. And now they have just enough fuel to push it further, without making a lot of noise about it. Which, in this business, is usually when things start to get interesting.

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Cislunarindustries

Cislunarindustries

EPIC power systems for high-power, high-voltage in-space applications: propulsion, directed energy, in-space manufacturing/resource utilization

  • Loveland, CO
Website

Key Executives

  • Gary Calnan (Co-Founder)
  • Joe Pawelski (Co-Founder)

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