Boeing Co., one of the government contractors taking advantage of a renewed U.S. emphasis on space development and exploration, is investing in a startup satellite-builder developing a more efficient propulsion system.

The aerospace giant’s involvement will help Boston-based Accion expand its manufacturing capabilities and offer access to the Chicago-based company’s experts and facilities, the companies said in a statement. Accion’s Tiled Ionic Liquid Electrospray, or TILE, propulsion combines non-toxic propellant and thrusters the size of a postage stamp to provide smaller, lighter and more cost-effective maneuvering for vehicles in orbit.

The technology “can help bring game-changing capabilities to satellites, space vehicles and customers,” said Brian Schettler, managing director of Boeing’s HorizonX Ventures unit, which funds startups with the potential to transform the aerospace industry.

Read more


Related Articles


Comments