May 12, 2016

Accion Systems raises $7.5 million in Series A to accelerate production of miniature space thrusters

Accion Systems thruster / Image courtesy of Accion Systems Accion Systems, the company developing miniature space propulsion systems, has raised $7.5 million in Series A funding led by Shasta Ventures. RRE Ventures, Founder Collective, and Slow Ventures also participated in the round. The company had previously raised $2 million from seed funding and $6.5 million from partnerships with the Department of Defense. While perhaps best known for their… Read More

Source: TechCrunch