This document describes the CubeSat High Impulse Propulsion System (CHIPS) being developed by CU Aerospace and VACCO Industries. CHIPS integrates primary propulsion, attitude control, and propellant storage into a single module compatible with CubeSats. It uses a micro-resistojet thruster and cold gas attitude control system. Testing of a prototype showed the resistojet can provide up to 563 N-s of total impulse using R134a propellant. The document discusses propulsion options for CubeSats and why electrothermal propulsion in the 70-400 second specific impulse range is best suited for enabling rapid orbital maneuvers within a day.