ThrustMe has acquired $2.8m (€2.4m) in funding from the European Commission towards commercialising its electric propulsion system for small satellites. The French start-up was selected to receive the money through the Commission's Horizon 2020 research and innovation investment scheme. ThrustMe is now setting up a pilot line for production of the propulsion systems.
ThrustMe has acquired €2.4m ($2.8m) in funding from the European Commission towards commercialising its electric propulsion system for small satellites. The French start-up was selected to receive the money through the Commission's Horizon 2020 research and innovation investment scheme. ThrustMe is now setting up a pilot line for production of the propulsion systems.