The story
The company was founded by Richard F. Schaden and a team of California Institute of Technology scientists including Dr. Dmitriy Richard Starson and Shaun Maguire. Laetitia Garriott de Cayeux joined the founding team as the President and COO in 2014.
Members of the Board of Advisors included Peter Diamandis of the X Prize Foundation, Gonzalo Martinez of Autodesk, Harry Atwater of Caltech, Jonathan Knowles of Autodesk, Ingvar Petursson of Nintendo of America, Joseph Meyerowitz (co-founder of Escape Dynamics), and Shaun Maguire (co-founder of Escape Dynamics) of Caltech and Qadium Inc.
The company ceased operations at the end of 2015, commenting in a statement on their website that, "while microwave propulsion is feasible and is capable of efficiency and performance surpassing chemical rockets, the cost of completing the R&D all the way through operations makes the concept economically unattractive for our team at this time."
From Wikipedia’s article on Escape Dynamics, shared under CC BY-SA 4.0.3