By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Start-up opens plant for satellite propulsion in Wiener Neustadt

Investor Alon Shklarek, founder Alexander Riessner and Team © enpulsion

At present, the production volume amounts to one ion engine per day, which is planned to expand to 500 such thrusters annually. The price of the thruster is competitive at EUR 30,000 per unit. The technology was developed by FOTEC, the research company of the University of Applied Sciences Wiener Neustadt. The modular approach for the thrusters is unique in the world, and a less expensive solution in the central challenge for all prominent satellite producers in building satellites”, says CEO Alexander Riessner. Enpulsion is being provided with financial support by the EU program “Horizon 2020”, as well as by seed financing of aws austria wirtschaftsservice and the Viennese investor Alon Shklarek via his company ASP. Last year Enpulsion acquired EUR 2.4 million in this manner. About EUR 600,000 is to be invested in production in the beginning.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Investment Opportunities for Electronics Companies in Austria - Carinthia

    08.07.2020 / 2:30 pm IST, Online, Webinar

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

Logo
More testimonials

news from the business location Austria

Austria registers more patents than ever before

Austrian companies and researchers registered 2.341 new patents at the European Patent Office (EPO) in 2019. Over the last five years the number of Austrian patent applications increased consistently.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts