The paper linked to in the article says the thrusters have a specific impulse of 600s, and a thrust-to-power ratio of about 50 mN/kW.
Compared to the xenon ion thrusters used on the Dawn spacecraft, these new multi-mode thrusters produce more thrust, but are significantly less efficient. Dawn's thrusters have a specific impulse of 3,100s and a thrust-to-power ratio of about 36 mN/kW.
Even so, it means satellites can be built with one small fuel tank that can power high efficiency electrospray thrusters to make slow maneuvers, or use the same fuel as a monopropellant to quickly get out of (or into) the way of something. ASCENT monopropellant thrusters can have a specific impulse slightly better (240 Isp) than traditional hydrazine monopropellant thrusters (235 Isp).