# ACCION SYSTEMS

**Source:** https://www.startuphub.ai/startups/accion-systems
**Profile type:** Startup

> Develops electrospray propulsion systems for satellites.

## About

Accion Systems pioneers scalable electric propulsion technology, primarily through its TILE (Tiled Ionic Liquid Electrospray) system. This technology aims to increase the lifespan and maneuverability of satellites by providing compact, efficient, and cost-effective ion thrusters, addressing a gap in the market for small satellite propulsion.

## Key facts

- **Slug:** accion-systems
- **Website:** https://www.accionsystems.com/
- **Location:** Boston, United States
- **Founded:** 2014-01-01
- **Operating status:** Inactive
- **Total funding:** $78M
- **Sectors / tags:** Aerospace, Defense, Maritime, Space Technology, Hardware, SpaceTech

## Frequently asked

### What does ACCION SYSTEMS do?

Accion Systems pioneers scalable electric propulsion technology, primarily through its TILE (Tiled Ionic Liquid Electrospray) system. This technology aims to increase the lifespan and maneuverability of satellites by providing compact, efficient, and cost-effective ion thrusters, addressing a gap in the market for small satellite propulsion.

### What is ACCION SYSTEMS's revenue?

StartupHub estimates ACCION SYSTEMS's annual revenue at $12.8M (range $5.1M to $79.5M, 44% confidence), based on comparable companies in the sector.

### What is ACCION SYSTEMS's valuation?

StartupHub estimates ACCION SYSTEMS's effective valuation at $65.0M (range $45.5M to $84.5M, 35% confidence), based on comparable companies in the sector.

### How much funding has ACCION SYSTEMS raised?

ACCION SYSTEMS has raised a total of $78M in funding. The most recent round on record is Series C.

### Where is ACCION SYSTEMS headquartered?

ACCION SYSTEMS is headquartered in Boston, United States.

### When was ACCION SYSTEMS founded?

ACCION SYSTEMS was founded in 2014.

### What industry does ACCION SYSTEMS operate in?

ACCION SYSTEMS operates in Aerospace, Defense, Maritime, Space Technology, Hardware, SpaceTech.

### What is ACCION SYSTEMS's current status?

ACCION SYSTEMS's current operating status is: Inactive.

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