Verified facts grounded in source documentation.
Exotrail plans to expand its manufacturing capacity from roughly 10 propulsion systems per year to around 100 annually by 2022 or 2023.
Exotrail raised 11,000,000 EUR in a Series A funding round on 2020-07-16.
Exotrail has a demonstration propulsion system on a NanoAvionics cubesat awaiting launch on an Indian PSLV mission that was delayed from November 2019.
Exotrail has a propulsion system on a smallsat scheduled to launch on a SpaceX Falcon 9 late 2020 for an undisclosed customer.
Exotrail secured $4,100,000 in funding to develop electric thruster technology and software for smallsats.
Exotrail raised most of the $4,100,000 from venture capital sources, combined with some public funding and bond conversion.