Press release

Accion Systems Adds Senior Executive as Vice President of Product

Sponsored by Businesswire

today announced that Tom Phelps has joined the company as
Vice President of Product. Mr. Phelps will lead the product strategy for
Accion’s in-space propulsion system, as well as future technologies and

Mr. Phelps’ career has spanned the spectrum of robotics, semiconductor
test and telecommunications industries. Prior to joining Accion, Mr.
Phelps was Senior Director of New Products at Endeavor Robotics,
formerly the government arm of iRobot. In that position, Mr. Phelps was
responsible for developing robotic solutions that met the evolving
mission needs of the defense, public safety and industrial markets. FLIR
Systems acquired Endeavor in March 2019.

Prior to his role at Endeavor Robotics, Phelps held management positions
in program management, product development, business development and
technical operations at iRobot, Enterasys Networks, Appian
Communications and IronBridge Networks.

“Tom has a proven track record of leading new product development,
leading products to market and managing entire product lifecycles,” said
Natalya Bailey, CEO of Accion Systems. “We are delighted to have him
join the Accion team.”

“I’m thrilled to be joining a company that combines a truly innovative
product with a rapidly emerging market,” said Mr. Phelps. “It’s an
exciting time to be in NewSpace and I look forward to helping Accion get
more products launched into orbit.”

Phelps holds a Bachelor of Science Degree in Manufacturing Engineering
and an MBA from Boston University.

About Accion Systems

Accion Systems develops advanced satellite propulsion systems for the
space industry. Accion’s in-space propulsion technologies optimize
scalability, performance and efficiency. Accion’s flagship product,
TILE, uses proprietary ion electrospray thrusters, bringing electric
propulsion to satellites of all sizes and redefining in-space
capabilities. Accion Systems was founded in 2014 by Natalya Bailey and
Louis Perna and is based in Boston, MA. For more information, please
or follow the company @AccionSystems.