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Apollo Fusion has raised additional funding through a Series B round led by venture fund Greylock Partners to support the development of its electric satellite thrusters known as Apollo Constellation Engine (ACE).
Apollo Fusion ACE thruster operating with Xenon propellant. Photo: Apollo Fusion Apollo Fusion has been selected to provide the propulsion system for a Low-Earth Orbit (LEO) satellite constellation placed by York Space Systems. The order marks a string of successes for the propulsion start-up as it recently signed its first four commercial deals — with Saturn Satellite Networks’ constellation, U.S. Air Force intelligence satellite. Apollo Fusion will provide the electric propulsion system for an unnamed customer with a LEO constellation of 10-plus satellites anticipated to launch in ...