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Accion Systems

US

Accion Systems, founded in 2014, is a spacecraft propulsion company that develops advanced in-space propulsion systems for satellites, focusing on scalability, performance, and efficiency. Their flagship product, TILE (Tiled Ionic Liquid Electrospray) uses proprietary ion electrospray thrusters. Accion Systems has partnered with organizations like NASA, Boeing, and NanoAvionics. Associated keywords: electric propulsion, ion engines, satellite maneuverability, smallsat propulsion.

commercialFounded 2014
Charlestown, Massachusetts, United States
www.accion-systems.com
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All verified mentions of this organization in source documents.

Accion Systems has raised a total of $36,000,000 in funding.

FinancialValue 4.0Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Accion Systems first flew the TILE thruster system on the student-built cubesat Irvine 01, which launched in November 2018 on a Rocket Lab Electron rocket.

CapabilityPlanValue 4.0Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Accion Systems has multiple spacecraft, including student-built cubesats, scheduled for launch in 2020 that will use TILE thrusters.

PlanCapabilityGeneralValue 4.0Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Shasta Ventures led Accion Systems’ $7,500,000 Series A round in 2016.

RelationshipsFinancialValue 4.6Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Accion Systems’ total funding figure of $36,000,000 includes $14,000,000 in awards from the U.S. Defense Department and NASA.

FinancialGeneralValue 4.2Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Accion Systems raised $11,000,000 in a Series B funding round to increase production of its electric thrusters for smallsats.

FinancialGrowthCapabilityValue 4.6Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

NASA awarded a $3,900,000 Tipping Point program contract to Accion Systems to demonstrate that its thrusters can replace a cold-gas propulsion system on a cubesat.

RelationshipsFinancialCapabilityPlanValue 5.0Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

The NASA Tipping Point contract funds a flight test of Accion Systems’ thruster technology in 2021 on a cubesat based on the Mars Cube One (MarCO) spacecraft.

RelationshipsPlanCapabilityValue 4.5Feb 4, 2020Accion Systems raises $11 million Series B for space propulsion

Accion Systems won $3,900,000 to develop ion electrospray thrusters with the same performance as the cold-gas thrusters used on NASA’s MarCO cubesats, but with less mass and power.

CapabilityFinancialGeneralValue 4.0Sep 28, 2019Blue Origin and SpaceX among winners of NASA exploration technology contracts

Accion Systems is developing electric thrusters that use ionic liquids based on technologies developed at MIT.

CapabilityGeneralValue 3.8Jul 23, 2018More startups are pursuing cubesats with electric thrusters
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