Seasoned Executive To Steer In-Space Propulsion Innovator To New Growth Milestones

BOSTON, Mass. – July 17, 2020 – Accion Systems today announced that Peter Kant has joined the company as Chief Executive Officer. Mr. Kant will lead Accion’s operations and performance, specifically focusing on company growth and commercialization of the TILE line of ionic liquid electrospray propulsion products. Mr. Kant has been a member of Accion Systems’ Board of Advisors since February 2020.

Dr. Natalya Bailey recruited Mr. Kant to lead Accion from the company’s Board of Advisors. Dr. Bailey will transition from CEO to the role of CTO at Accion Systems – a position she had also been filling as one of the technology’s inventors. 

Peter Kant brings two decades of experience at the nexus of business, government, technology and policy including leadership positions in state and federal government, large companies, start-ups, and nonprofits. He also currently serves on multiple corporate boards and advisory boards of venture funds. Mr. Kant was previously CEO of Synapse Technology, which developed computer vision artificial intelligence technologies for the security industry. He took Synapse from pre-revenue to $6M in ARR resulting in a successful exit acquisition in just over 12 months. He has led previous venture backed companies through growth, commercialization phases resulting in revenue growth, and successful exits. 

Earlier in his career, Mr. Kant served as Vice President, Federal Partnerships at SRI International. SRI is a large non-profit research and development institute headquartered in Silicon Valley and provides R&D in multiple science and technology disciplines including artificial intelligence, bioscience, computer science, education policy, robotics and space. In his role, he led SRI’s overall strategy and relationships in support of $400M+ federal government programs and activities. While at SRI, Mr. Kant led SRI’s Center for Innovation Strategy and Policy as Executive Director. The Washington, D.C.-based Center focuses on the impacts of science and technology on public policy and strategy. 

“I was drawn to Peter because of his unique combination of government business development and experience leading venture-backed businesses,” said Natalya Bailey, who recruited Mr. Kant to Accion Systems and will remain on the leadership team as CTO. “I am delighted to work with him to take Accion into the next phase.”  

“I’m thrilled to be joining Accion as CEO after working with the leadership team as an Advisor for the past five months,” said Mr. Kant. “Accion’s technology is revolutionizing safe, economical and effective in-space movement. It’s exciting to be part of bringing this technology to market.”

Prior to joining SRI in 2014, Peter served as Executive Vice President at OSI Systems, Inc, a publicly-traded security and medical technology firm. Over his 10-year career at OSI, he held multiple positions including, leading the International Division, leading the US Division and he also held senior roles in global government affairs and business development. 

Peter started his career in government service working in political positions at the state and federal levels. He worked for Congressman Joseph P. Kennedy II; served as Policy Director for the Texas House of Representatives; and served as an appointee in President Clinton’s administration at the U.S. Department of Agriculture and on Vice President Gore’s Domestic Policy staff. 

Peter earned his undergraduate degree in politics and economics from Brandeis University and his Masters of Public Policy at Duke University. He lives in Arlington, Virginia with his wife, and teenage son and daughter. He is an avid golfer, skier, and volleyball-watching dad. 

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 and is based in Boston, MA. For more information, please visit www.accion-systems.com or follow the company on Twitter @AccionSystems.

Media Contact
Elizabeth Barno
Accion System
elizabethb@accion-systems.com
857-244-1050