WilmerHale represented Accion Systems Inc., a space technology startup led by MIT graduates, in raising $7.5 million in Series A funding. The company has developed a miniature space propulsion system for small satellites, a multibillion-dollar annual market.
The WilmerHale team on the transaction was led by Partner Mick Bain and included Senior Associate Stephanie Singer and Associate Colin Beauvais.
For more information read "Series A for Accion: Space Tech Startup Gets $7.5M," published by Xconomy.