Tag: Accion Systems
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Accion Systems raises $11M for tiny ion engines, with Boeing HorizonX Ventures playing a lead role
Each of Accion Systems’ ion thrusters is about the size of a postage stamp. (Accion Systems Photo) Boeing HorizonX Ventures has teamed up with Shasta Ventures to lead an $11 million Series B investment round for Accion Systems, a pioneer in developing miniaturized ion propulsion systems for satellites in space. This isn’t the first time…
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NASA announces funding for moon and Mars mission tech
Astrobotic is one of 14 companies selected for NASA’s Tipping Point solicitation. This illustration depicts CubeRover, an ultra-light, modular and scalable commercial rover. Credit: Astrobotic/Carnegie Mellon University NASA announced agreements worth a combined $43.2 million with 14 commercial partners Friday — including Blue Origin and SpaceX — to fund experiments in propellant and power generation,…
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Boeing leads $3M round to boost Accion Systems’ electric space propulsion system
An artist’s conception shows Accion Systems’ electrospray thruster chips (in gold) arranged in a propulsion array on a satellite. (Accion Systems Illustration / Zina Deretsky) Boeing’s venture capital fund is leading a $3 million investment round for Accion Systems, a Boston-based startup whose electric propulsion system for satellites could get its next in-space test early…