Investment to fuel growth in the in-space propulsion market, bringing the TILE ionic liquid electrospray propulsion system to satellites and spacecraft of all sizes and missions

BOSTON, Mass., July 21, 2021 (Accion Systems PR) – Accion Systems, a leading manufacturer of the world’s most advanced ion electrospray in-space propulsion systems, today announced $42 million in Series C funding led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”). The investment brings Accion Systems’ valuation to $83.5 million and Tracker Capital has acquired a majority stake in the company. The funding will accelerate the development of Accion’s next-generation propulsion system and scale up its manufacturing to meet the surging demand for in-space propulsion.

NanoAvionics US Inc. will include Accion’s TILE Ion Electrospray Propulsion System as a preferred option for all appropriate customer missions that require electric in-space propulsion.

BOSTON, Mass., March 12, 2021 ( PR) –  Accion Systems, a leading in-space propulsion manufacturer, has signed a new partnership agreement with NanoAvionics US Inc., a US division of the multinational nanosatellite bus manufacturer and mission integrator. The TILE in-space propulsion system will be listed as a preferred option for all appropriate missions that require electric in-space propulsion and Accion Systems will provide preferred pricing to NanoAvionics US Inc.