The "Time-Resolved Observations of Precipitation structure and storm Intensity with a Constellation of Smallsats" (TROPICS) mission has a goal of providing nearly all-weather observations of three-dimensional temperature and humidity, as well as cloud ice and precipitation horizontal structure, at high temporal resolution to conduct high-value science investigations of tropical cyclones. The mission comprises a constellation of five identical Space Vehicles (SVs) conforming to the 3U form factor and hosting a passive microwave spectrometer payload. Each SV hosts an identical high-performance spectrometer named the TROPICS Millimeter-wave Sounder (TMS) that will provide temperature profiles using seven channels near the 118.75-GHz oxygen absorption line, water vapor profiles using three channels near the 183-GHz water vapor absorption line, imagery in a single channel near 90 GHz for precipitation measurements (when combined with higher resolution water vapor channels), and a single channel near 205 GHz that is more sensitive to cloud-sized ice particles. The TROPICS Tropical Cyclone Intensity Estimate algorithm (TCIE), developed at the University of Wisconsin/CIMSS that uses native microwave brightness temperatures, estimates two primary TC variables: Minimum Sea Level Pressure (MSLP) and Maximum Sustained Winds (MSW). The TROPICS TCIE uses the brightness temperature perturbation of two temperature sounding channels (Ch. 6 and Ch. 7) and one channel from the moisture sounding channel (Ch. 1) along with ancillary information from the TC working best track file and the CIMSS ARCHER algorithm (eye size information) to estimate the TC intensity. This validated TCIE data release starts in June 2023 for the constellation CubeSats, and August 2021 for the TROPICS-01/Pathfinder.