Orbion Space Technology

Propelling the small satellite revolution

General Information
Company Name
Orbion Space Technology
Founded Year
2016
Location (Offices)
Houghton, United States +1
Founders / Decision Makers
Number of Employees
62
Industries
Manufacturing, Space, Telecom
Funding Stage
Undisclosed
Social Media

Orbion Space Technology - Company Profile

Orbion Space Technology is an AS-9100 certified production company focusing on the development and manufacturing of revolutionary plasma propulsion systems for small satellites. With a focus on fuel efficiency, Orbion’s thrusters have the potential to save spacecraft operators millions of dollars in operating costs while enhancing the value of the spacecraft’s data products. The company's novel manufacturing approach allows for the production of plasma thrusters at unprecedentedly high rates, which is crucial to support the ongoing space revolution. More than 10,000 small satellites are projected to be launched in the next few years to support missions such as providing global internet and capturing detailed Earth surface images. Each of these satellites will require its own thruster to maneuver in space, counteract drag, and ensure controlled re-entry at the mission's end. This presents a significant market opportunity for Orbion in the evolving space industry. Established in 2017 and based in the United States, Orbion Space Technology recently received a funding round investment on 24 May 2023 from Red Cedar Ventures. The company's focus on addressing the growing needs of the small satellite market, combined with the recent investment activity, positions Orbion as a noteworthy player in the space technology manufacturing sector.

Taxonomy: Plasma propulsion systems, Small satellites, Space technology, Manufacturing innovation, Spacecraft operation, Thrusters, Space revolution, Big Data missions, Fuel efficiency, AS-9100 certification, Spacecraft maneuvering, Space debris management

Funding Rounds & Investors of Orbion Space Technology (3)

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Funding Stage Amount No. Investors Investors Date
Funding Round Unknown 1 24 May 2023
Series B $20.00M 5 24 Jun 2021
Series A $9.20M 4 Invest Detroit 28 Aug 2019

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