[4] ThrustMe was founded in 2017 by Ane Aanesland and Dmytro Rafalskyi, who previously worked at the École Polytechnique and CNRS as researchers in plasma physics and electric propulsion.

[7] In 2018, ThrustMe received €2.4 million from the European Commission to commercialise electric propulsion for nanosatellites.

[9] The same year, SpaceTy and ThrustMe maneuvered for the first time a satellite using iodine as propellant, with a cold-gas thruster.

[10] In 2021, ThrustMe, in partnership with SpaceTy, achieved the first in-orbit demonstration of an electric propulsion system powered by iodine.

[13][14] According to the European Space Agency, in regard to the use of iodine rather than Xenon in a gridded ion thruster, "This small but potentially disruptive innovation could help to clear the skies of space junk, by enabling tiny satellites to self-destruct cheaply and easily at the end of their missions, by steering themselves into the atmosphere where they would burn up.