Accion Systems
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Accion Systems

http://accion-systems.com
Last activity: 23.05.2024
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Categories: AerospaceIndustryMobilityNewsSpaceTechnology
Satellites have changed a lot in the last decade. Propulsion has too.

At Accion, we reinvented propulsion for New Space, and created a more efficient ion thruster: the Tiled Ionic Liquid Electrospray (TILE) engine.
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Location: United States, Massachusetts, Boston
Employees: 11-50
Phone: +1 617-337-5115
Total raised: $69.4M
Founded date: 2012

Investors 6

Funding Rounds 6

DateSeriesAmountInvestors
21.07.2021Series C$42M-
04.02.2020Series B$11M-
27.09.2019-$3.9M-
10.10.2018-$3M-
12.05.2016Series A$7.5M-
07.01.2015Seed$2M-

Mentions in press and media 41

DateTitleDescription
23.05.2024Accion launches $152.5 million Digital Transformation Fund to help small businesses expandAccion, a global non-profit organization, has launched the US$152.5 million Accion Digital Transformation Fund (ADTx), which aims to help financial institutions meet the needs of small businesses that are currently excluded from the financi...
18.04.20237 common pitfalls for hardware startups and how to avoid themYou’ve likely heard that “hardware is hard”; mostly because hardware startups have to deal with things that software companies don’t really have to worry about. That includes pesky details such as “physics” and “battery management” and “gen...
01.08.2022Accion Systems’ Next-Gen TILE Propulsion System Raises Commercial Satellite Orbit for the First TimeBOSTON (PRWEB) August 01, 2022 Accion Systems, a manufacturer of the leading ion electrospray in-space propulsion systems, today announced that it had successfully fired its latest generation of TILE (Tiled Ionic Liquid Electrospray) techno...
18.07.2022Accion Systems Donates In-Space Propulsion to MIT BeaverCube SatelliteBOSTON (PRWEB) July 18, 2022 Accion Systems, a leading manufacturer of the world’s most advanced ion electrospray in-space propulsion systems, today announced it will donate its scalable propulsion technology to the Massachusetts Institute ...
22.09.2021Former NASA Administrator Dan Goldin Joins Accion Systems’ Board of DirectorsFormer NASA Administrator Dan Goldin Joins Accion Systems’ Board of Directors "The TILE propulsion system will play a pivotal role in unlocking that sustainability, which is why I’m excited to join Accion’s Board and help the company b...
10.08.2021Xplore Partners with Accion Systems to Test Next Generation TILE Thrusters Aboard LEO Xcraft (XLEO)XLEO will host a variety of payloads, including TILE. [credit: Xplore Inc.] “We are delighted to work with Xplore’s qualified team to integrate our TILE thrusters and demonstrate their full capabilities.” - Peter Kant, CEO of Accion Systems...
22.07.2021Accion Systems Raises $42M in Series C FundingAccion Systems, a Boston, MA-based manufacturer of advanced ion electrospray in-space propulsion systems, raised $42m in Series C funding. The round, which brought Accion Systems’ valuation to $83.5m, was led by an affiliate of Tracker Capi...
22.07.2021Why Uber’s new deal comes as a surpriseThe post-pandemic Uber is certainly not the same business it came in as. Paid Content The art of swapping cars—for art From Polestar Throughout the pandemic, as its core ride-hailing business flagged, the company focused on the parts of its...
22.07.2021Why Uber’s new deal comes as a surpriseThis is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Why the Electricity 4.0 moment is here From Schneider Electric The post-pandemic Ube...
22.07.2021Accion Systems raises $42M Series CSpace tech startup Accion Systems has secured $42 million at an $83.5 million valuation. Tracker Capital led the funding and acquired a majority stake in the company. Boston-based Accion is creating a propulsion system for use by satellites...
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