Accion Systems takes on $3M in Boeing-led round to advance its tiny satellite thrusters

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…

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