Accion Systems takes on M in Boeing-led round to advance its tiny satellite thrusters
Accion Systems, the startup aiming to reinvent satellite propulsion with an innovative and tiny new thruster, has attracted significant investment from Boeing’s HorizonX Ventures. The $3 million round should give the company a bit of breathing room while it continues to prove and improve its technology.
“Investing in startups with next-generation concepts accelerates satellite innovation, unlocking new possibilities and economics in Earth orbit and deep space,” said HorizonX Ventures managing director Brian Schettler in a press release.
Accion, whose founder and CEO Natalya Bailey graced the stage of Disrupt just a few weeks ago, makes what’s called a “tiled ionic liquid electrospray” propulsion system, or TILE. This system is highly efficient and can be made the size of a postage stamp or much larger depending on the requirements of the satellite.
Example of a TILE attached to a satellite chassis.
The company has tested its tech in terrestrial facilities and in space, but it hasn’t been used for any missions just yet — though that may change soon. A pair of student-engineered cubesats equipped with TILE thrusters are scheduled to take off on RocketLab’s first big commercial payload launch, “It’s Business Time.” It’s been delayed a few times but early November is the next launch window, so everyone cross your fingers.
Another launch scheduled for November is the IRVINE 02 cubesat, which will sport TILEs and go up aboard a Falcon 9 loaded with supplies for the International Space Station.
The Boeing investment (Gettylab also participated in the round) doesn’t include any guarantees like equipping Boeing-built satellites with the thrusters. But the company is certainly already dedicated to this type of tech and the arrangement is characterized as a partnership — so it’s definitely a possibility.
Natalya Bailey and Rob Coneybeer (Shasta Ventures) at Disrupt Berlin 2017.
A Boeing representative told me that this is aimed to help Accion scale, and that the latter will have access to the former’s testing facilities and expertise. “We believe there will be many applications for Accion’s propulsion system, and will be monitoring and assessing the tech as it continues to mature,” they wrote in an email.
I asked Accion what the new funding will be directed towards, but a representative only indicated that it would be used for the usual things: research, operations, staff expenses, and so on. Not some big skunk works project, then. The company’s last big round was in 2016, when it raised $7.5 million.
Source: Gadgets – techcrunch
EarthNow promises real-time views of the whole planet from a new satellite constellation
A new space imaging startup called EarthNow aims to provide not just pictures of the planet on demand, but real-time video anywhere a client desires. Its ambition is matched only by its pedigree: Bill Gates, Intellectual Ventures, Airbus, SoftBank and OneWeb founder Greg Wyler are all backing the play.
Its promise is a constellation of satellites that will provide video of anywhere on Earth with latency of about a second. You won’t have to wait for a satellite to come into range, or worry about leaving range; at least one will be able to view any area at any given time, so they can pass off the monitoring task to the next satellite over if necessary.
Initially aimed at “high value enterprise and government customers,” EarthNow lists things like storm monitoring, illegal fishing vessels (or even pirates), forest fires, whale tracking, watching conflicts in real time and more. Space imaging is turning into quite a crowded field — if all these constellations actually launch, anyway.
The company is in the earliest stages right now, having just been spun out from years of work by founder and CEO Russell Hannigan at Intellectual Ventures under the Invention Science Fund. Early enough, in fact, that there’s no real timeline for prototyping or testing. But it’s not just pie in the sky.
Wyler’s OneWeb connection means EarthNow will be built on a massively upgraded version of that company’s satellite platform. Details are few and far between, but the press release promises that “Each satellite is equipped with an unprecedented amount of onboard processing power, including more CPU cores than all other commercial satellites combined.”
Presumably a large portion of that will be video processing and compression hardware, since they’ll want to minimize bandwidth and latency but don’t want to skimp on quality. Efficiency is important, too; satellites have extremely limited power, so running multiple off-the-shelf GPUs with standard compression methods probably isn’t a good idea. Real-time, continuous video from orbit (as opposed to near-real-time stills or clips) is as much a software problem as it is hardware.
Machine learning also figures in, of course: the company plans to do onboard analysis of the imagery, though to what extent isn’t clear. It really makes more sense to me to do this on the ground, but perhaps a first pass by the satellite’s hardware will help move things along.
Airbus will do its part by actually producing the satellites, in Toulouse and Florida. The release doesn’t say how many will be built, but full (and presumably redundant) Earth coverage means dozens at the least. But if they’re mass-manufactured standard goods, that should keep the price down, relatively speaking anyway.
No word on the actual amount raised by the company in January, but with the stature of the investors and the high costs involved in the industry, I can’t imagine it’s less than a few tens of millions.
Hannigan himself calls EarthNow “ambitious and unprecedented,” which could be taken as an admission of great risk, but it’s clear that the company has powerful partners and plenty of expertise; Intellectual Ventures doesn’t tend to spin something off unless it’s got something special going. Expect more specifics as the company grows, but I doubt we’ll see anything more than renders for a year or so.
Source: Gadgets – techcrunch