"This funding round is a decisive step for ION-X," said Thomas Hiriart, the company's CEO. "We are deeply convinced that our propulsion solutions can revolutionize the space mobility market, contribute to sustainable, innovative, and cost-effective space missions, and carve out a significant commercial position in a market eager for reliable thrusters."
ION-X has developed a so-called electrohydrodynamic (EHD) electrospray thruster. It works by applying a high-voltage electric field to an ionic liquid fuel. The electric charge breaks up the fuel into tiny charged particles that eject from the back of the thruster at high speeds - propelling the satellite through space.
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