BOSTON, Feb. 4, 2020 (Accion Systems PR) — In-space propulsion system pioneer Accion Systems today announced that it is raising $11 million in Series B funding. The round is being co-led by Boeing HorizonX Ventures and Shasta Ventures.
The Series B round brings Accion’s total funding to date to $36 million, which includes $14 million in U.S. Dept. of Defense and NASA contracts. The new capital will be used to ramp up production of Accion’s next-generation product and to expand hiring.(more…)
- Parabolic Arc
- February 4, 2020