The landscape of space exploration has been disrupted by the growing market of small satellites that can be developed faster and cheaper thanks to a modularity-based philosophy: constellation of tens or hundreds of small satellites are built and launched to provide global communication and monitoring services. In this context there is still the lack of a reliable, efficient, modular and low-cost propulsion system capable of manoeuvring these satellites in the most effective way. AMR Propulsion Innovation’ project intends to bring to the market an electric propulsion system, IFM Micro Thruster, whose technology has already 13,000 h flight heritage, so it is safe to be used by satellite integrators. Such technology uses liquid metal ion source (Indium) with an efficiency extremely high (Specific impulse: 6000 s) and the possibility of fine-tuning of the thrust, i.e. high throttability (1 µN). Therefore, the same propulsion system can be used both for small manoeuvres (e.g. atmospheric drag compensation; control of inter-satellite distance), as well as for orbit raising manoeuvres. The objectives of Phase 2 are to engineer a new version of the thruster, suitable for all small satellites from 1 to 500 kg, and to install a production unit, ISO 9001 certified, in order to expand the customers’ arena. The thrusters realized with the production line (Qualification Model) will be jointly reviewed by relevant customers and will be, at that point, ready for commercialization.