Satellite electric propulsion
A Chinese satellite electric propulsion company has secured multi-million yuan angel round financing amid a proliferation of Chinese constellation plans.
Orbion Space Technology announced June 24 it has raised $20 million in Series B funding.
Phase Four announced June 16 two new electric propulsion systems that offer performance and other improvements, along with a subscription service that offers those thrusters to customers at a discount.
Apollo Fusion announced Jan. 26 it won an order from York Space Systems for a set of satellite electric propulsion systems.
Space propulsion startup Accion Systems has raised $11 million in a new round of funding designed to allow the company to increase production of its electric thrusters for smallsats.
Orbion aims to eventually build and ship thrusters in six to eight days from receiving an order.
The University Würzburg announced at the Small Satellite Conference that onboard electric thrusters changed the attitude of a cubesat, a first for a satellite of this size.
Satellite electric propulsion startup Apollo Fusion is expanding its product line through an agreement with NASA’s Jet Propulsion Laboratory, giving it access to advanced Hall thruster technology.
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Phase Four, a startup developing electric propulsion systems for small satellites, has won its first major orders for those thrusters from two companies.
French space startup Exotrail has secured $4.1 million in funding to develop its electric thruster technology and software for smallsats.
In an effort to cut launch costs, companies are looking to technology to transport small satellites from low Earth orbit to geostationary orbit and to the moon.
A Silicon Valley startup developing electric propulsion systems for satellites has raised $10 million and added the billionaire founder of LinkedIn to its board.
Phase Four, a company developing an advanced electric propulsion system for use on cubesats and larger spacecraft, announced sales of its thrusters to NASA and Astro Digital May 24.
Technological advances have opened up a wide range of propulsion options for satellites, but companies developing those systems don’t expect a single approach to become dominant.
Eutelsat’s newest satellite reached its target position in the geostationary orbit this week only four months after its launch, setting an industry record for the fastest all electric orbit-raising.
Satellite manufacturers are trying to figure out how to maximize their share of the electric propulsion market while not abandoning more conservative customers.