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ThrustMe surpasses 200 orders + doubles propulsion system orders in four months

October 26, 2023

ThrustMe has recently 200 orders, doubling the company’s order book within a four month period of time — this milestone mirrors the exponential growth within the space industry and the dawn of the industrial space era as well as underscores the importance of accessible mobility in a sustainable space environment.

The space industry is moving through a significant transformative phase, characterized by the rapid ascent of New Space actors. These innovative players are launching satellites with increasing frequency and as a consequence accumulating invaluable experience from their space operations, effectively bridging the divide with legacy space actors.

As missions become more refined and mission capacities expand, the blend of legacy knowledge and new-space innovation is steering the industry toward an Industrial Space Era. To sustainably leverage their full potential from economic and environmental aspects, space actors new and old will require increasingly sophisticated on-orbit maneuver capabilities for their space-based entities.

Established in 2017, ThrustMe has been at the forefront of this transformation, showcasing sustained excellence and leadership within the industry. The company’s achievements include the NPT30-I2, the world-first demonstration of in 2020, followed by the subsequent industrialization of its product portfolio. ThrustMe’s track record of reliability coupled with outstanding quality has cemented its position as a pioneering manufacturer of the electric space propulsion technologies required for the industrial space era.

ThrustMe’s bestselling NPT30-I2 provides smallsats with autonomous maneuverability and is in high demand. With the 2023 production slots fully booked, and orders for 2024 arriving at an unprecedented rate, ThrustMe is strategically scaling up production capacity. The company is aiming for them milestone of one unit per day before the end of 2024. ThrustMe offers sustainable and intelligently operated iodine-based solutions that effectively address the pressing challenges confronting the space sector.

“Our factory is set to handle large-scale deliveries and we can accommodate the significant increase in orders we continue to receive. We have identified and are effectively and efficiently serving an underserved market, where clients are looking for top-quality propulsion solutions and expect consistent reliability in both product and delivery. At ThrustMe, we are proud to be fulfilling their expectations.” — Ane Aanesland, CEO and co-founder, ThrustMe

“Since the beginning of our development we were aiming to provide the community with a high-end disruptive product adding significant value to the market, not “simply” a propulsion system. Six years later we are happy to see that this objective was truly fulfilled. Our bestseller product NPT30-I2 is a key element for many small satellites to reach autonomous maneuverability in space, highly demanded by the market today. Our next step is to extend this experience to much larger satellites.” — Dmytro Rafalskyi, CTO and Co-Founder, ThrustMe

Filed Under: Contracts & Commercial Deals, SmallSat

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