Air-breathing electric propulsion (ABEP) refers to a spacecraft in very-low Earth orbit (VLEO) harnessing upper atmospheric air as propellant for an electric thruster. This allows the orbital altitude to be maintained via drag-compensation, removing the need for on-board propellant storage and allowing a mission lifetime which is not limited by propellant capacity. A cathode (or neutraliser) is required for the high-specific impulse electrostatic thruster designs proposed for an ABEP application. One such study is the AETHER EU H2020 project, which aims to design an ABEP system that can be tested on-ground in a VLEO-representative environment. There is therefore a need to develop a cathode for ABEP as conventional thermionic hollow cathodes are susceptible to oxygen poisoning. The Air-breathing Microwave Plasma CAThode (AMPCAT) presented here is based on a plasma electron source, using a 2.45 GHz microwave antenna directly-inserted into the plasma volume to ionise neutral air particles. This study details the cathode design and the results of iterative standalone testing, with a particular focus on: (a) the identification of a dual-mode current emission, with transition from lower- to higher-current mode with air at bias values around 70 V between the extracting anode and internal cathode surfaces, (b) a comparison of performance relative to xenon, for which the peak extracted current is 30–40% higher than air at equivalent inputs, and (c) the effect of antenna electrical isolation, using alumina shielding thicknesses in the 0.1–0.7 mm range. Standalone cathode tests demonstrate 0.8 A of stable extracted current with 0.1 mg/s mass flow rate of a 0.48O2 + 0.52N2 mixture, relative bias of 80 V and input microwave power of 70 W. To the authors’ knowledge, the demonstration of an extracted current in the 1 A order using air, without visible material degradation after several hours of operation, is a novel development in the cathode literature.