Artist’s rendering of small satellites flying in formation with Benchmark Space System’s Halcyon thrusters.

Satellite propulsion startup Benchmark Space Systems has secured customers for a new ‘mobility-as-a-service’ business, which similar to a taxi ride will charge them based on the amount of propellant they use.

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Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information...