We investigate the generation of charge due to collision between projectiles with sizes below ∼1 µm and metal surfaces at speeds ∼0.1 to 10 km s−1. This corresponds to speeds above the elastic limit and well below speeds where volume ionization can occur. Impact charge production at these low to intermediate speeds has traditionally been described by invoking the theory of shock wave ionization. By looking at the thermodynamics of the low-velocity solution of shock wave ionization, we find that such a mechanism alone is not sufficient to account for the recorded charge production in a number of scenarios in the laboratory and in space. We propose a model of capacitive contact charging that involves no direct ionization, in which we allow for projectile fragmentation upon impact. Furthermore, we show that this model describes measurements of metal–metal impacts in the laboratory well. We also address contact charging in the context of ice-on-metal collisions and apply our results to rocket observations of mesospheric dust. In general, we find that contact charging dominates at speeds of up to a few kilometres per second and complements shock wave ionization up to speeds where direct ionization can take place. The conditions that we consider can be applied to dust particles naturally occurring in space and in Earth's upper atmosphere and their direct impacts on rockets, spacecraft, and impacts of secondary ejecta.