Accion Systems, the startup aiming to reinvent satellite propulsion with an innovative and tiny new thruster, has attracted significant investment from Boeing’s HorizonX Ventures. The $3 million round should give the company a bit of breathing room while it continues to prove and improve its technology.
“Investing in startups with next-generation concepts accelerates satellite innovation, unlocking new possibilities and economics in Earth orbit and deep space,” said HorizonX Ventures managing director Brian Schettler in a press release.
Accion, whose founder and CEO Natalya Bailey graced the stage of Disrupt just a few weeks ago, makes what’s called a “tiled ionic liquid electrospray” propulsion system, or TILE. This system is highly efficient and can be made the size of a postage stamp or much larger depending on the requirements of the satellite.
Example of a TILE attached to a satellite chassis.
The company has tested its tech in terrestrial facilities and in space, but it hasn’t been used for any missions just yet — though that may change soon. A pair of student-engineered cubesats equipped with TILE thrusters are scheduled to take off on RocketLab’s first big commercial payload launch, “It’s Business Time.” It’s been delayed a few times but …read more
Source:: TechCrunch Gadgets