Accion Systems
Powerful thrust in a small package: control your mission with the most efficient propulsion system in space
Powerful thrust in a small package: control your mission with the most efficient propulsion system in space
Accion Systems is a pioneering company in the space industry, founded in 2014 and based in the United States. The company's innovative slogan "Powerful thrust in a small package: control your mission with the most efficient propulsion system in space" reflects its focus on developing highly efficient propulsion systems for satellites. Accion has revolutionized propulsion for the New Space era with its Tiled Ionic Liquid Electrospray (TILE) engine, which is more efficient than traditional ion thrusters. In 21 July 2021, the company secured a significant $42.00M Series C investment from Tracker Capital Management, highlighting the confidence that investors have in Accion Systems' technological advancements. With a strong emphasis on design, hardware, manufacturing, and space-related technologies, Accion Systems is well-positioned to make a substantial impact in the rapidly evolving space industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series C | $42.00M | 1 |
|
21 Jul 2021 |
| Series B | $11.00M | 3 |
|
04 Feb 2020 |
| Venture Round | $3.00M | 3 |
|
10 Oct 2018 |
| Series A | $7.50M | 7 |
|
12 May 2016 |
| Grant | $3.00M | 1 | U.S. Department of Defense | 17 Jun 2015 |
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