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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.
Accion Systems has multiple spacecraft, including student-built cubesats, scheduled for launch in 2020 that will use TILE thrusters.
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.
Accion Systems raised $11,000,000 in a Series B funding round to increase production of its electric thrusters for smallsats.
Accion Systems has raised a total of $36,000,000 in funding.
Shasta Ventures led Accion Systems’ $7,500,000 Series A round in 2016.
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.
Accion Systems’ total funding figure of $36,000,000 includes $14,000,000 in awards from the U.S. Defense Department and NASA.
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.
Accion Systems is developing electric thrusters that use ionic liquids based on technologies developed at MIT.