Ramping up production capacity of groundbreaking space propulsion systems
The space industry is experiencing rapid growth with 24 000 satellites expected to be launched in the next ten years. Electric propulsion systems are needed for satellite mission success but conventional systems almost exclusively...
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31/07/2024
THRUSTME
4M€
Project Budget: 4M€
Project leader
THRUSTME
No se ha especificado una descripción o un objeto social para esta compañía.
TRL
4-5
PARTICIPATION DEPralty
Sin fecha límite de participación.
Financing
granted
El organismo HORIZON EUROPE notifico la concesión del proyecto
The day 2024-07-31
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Project Information EMBRACE II
Project duration: 24 months
Date Start: 2022-07-27
End date: 2024-07-31
Project leader
THRUSTME
No se ha especificado una descripción o un objeto social para esta compañía.
TRL
4-5
Project Budget
4M€
participation deadline
Sin fecha límite de participación.
Project description
The space industry is experiencing rapid growth with 24 000 satellites expected to be launched in the next ten years. Electric propulsion systems are needed for satellite mission success but conventional systems almost exclusively use xenon propellant which is expensive and must be stored at high pressures. In addition, conventional propulsion suppliers do not provide a complete system and subsystems are engineered separately by different suppliers. ThrustMe’s solution is a complete, standalone propulsion system that makes use of the groundbreaking alternative propellant iodine which can be stored unpressurized as a solid and is almost 100x cheaper than xenon. ThrustMe has recently performed the world’s first in-space demonstration of this new technology and has confirmed customer interest. Funding is needed to ramp up production capacity to help ThrustMe realize its full commercial potential to become market leaders, and to begin development of our next generation systems.