Orbion Space Technology
101 W Lakeshore Dr, Houghton, Michigan, 49931, United States
Overview
Orbion Space Technology focuses on building plasma thrusters that provide in-space propulsion for satellites, especially the rapidly growing population of small spacecraft in low-Earth orbit. The company emphasizes a manufacturing approach that significantly lowers production costs, making high-performance propulsion more accessible to resource-constrained satellite operators. Its technology addresses the increasing need for reliable maneuvering solutions as orbital traffic intensifies. Orbion’s plasma thrusters enable satellites to maintain position, avoid collisions, and extend mission lifetimes. By reducing both component and overall mission costs, Orbion positions itself as a key supplier in the booming commercial space sector. The firm recently secured fresh capital to accelerate its growth and meet rising market demand.
- Total raised
- $29M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Jun 2021
Industries
- Manufacturing
- Satellite Communication
- Space Travel
Recent funding
Series B
Jun 2021
$20M
Series A
Aug 2019
$9M