Boeing is investing in Accion Systems, a Boston start-up that develops electric propulsion satellite technology. The investment will drive development of satellite propulsion for low and medium Earth orbit and deep space. Accion has created a tiled ionic liquid electrospray (TILE) technology, a propulsion system that boosts the life and flexibility of satellites and vehicles in space. “Boeing’s investments are part of our commitment to developing innovative technologies that can help us reach new frontiers on Earth,” said Jim McNerney, president and CEO of Aerojet Rocketdyne, Inc.
Boeing is investing in Accion Systems, a Boston start-up that develops electric propulsion satellite technology. The investment will drive development of satellite propulsion for low and medium Earth orbit and deep space. Accion has created a tiled ionic liquid electrospray (TILE) technology, a propulsion system that boosts the life and flexibility of satellites and vehicles in space. TILE uses an ionic liquid propellant and has been described by Accion as a lightweight, smaller and more cost-effective alternative to traditional ion engines.