Verified facts grounded in source documentation.
Accion Systems plans to supply miniature ion thrusters for Xplore Inc.’s 150-kilogram LEO Xcraft (XLEO) satellite scheduled to launch in 2023 under an agreement announced on 2021-08-10.
Accion Systems’ Series C funding round values the company at $83,500,000.
Accion Systems raised an $11,000,000 Series B round in 2020 co-led by Boeing HorizonX Ventures and Shasta Ventures.
Accion Systems raised $42,000,000 in Series C funding led by an affiliate of Tracker Capital Management, LLC.
Accion Systems planned to launch four TILE systems in 2021 and two additional TILE systems in early 2022.
Accion Systems will launch two TILE 2 in-space propulsion system units onboard an Astro Digital smallsat on the June 2021 SpaceX Falcon 9 rideshare launch.
Accion Systems raised an $11,000,000 Series B round led by Boeing HorizonX Ventures and Shasta Ventures.
Accion Systems has multiple spacecraft, including student-built cubesats, scheduled for launch in 2020 that will use TILE thrusters.
Accion Systems raised $11,000,000 in a Series B funding round to increase production of its electric thrusters for smallsats.
Accion Systems raised $11,000,000 in a Series B funding round to increase production of its electric thrusters for smallsats.