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Orbion Space Technology is a technology company.
Orbion Space Technology develops electric propulsion systems for the small satellite market. It provides reliable, affordable solutions utilizing advanced Hall-effect Thruster (HET) technology. Refining proven HET capabilities, Orbion meets the demands of modern small satellite constellations, ensuring precise maneuverability and extended mission lifetimes across diverse orbital environments.
Founded by a team with significant experience, Orbion Space Technology leverages deep industry expertise. These professionals hold backgrounds developing critical technologies for missions spanning Low Earth Orbit, deep space, and planetary surfaces. This collective understanding directly informs the company’s specialized propulsion development.
Orbion’s products cater to small satellite operators needing efficient and dependable spacecraft propulsion. Its vision is perfecting propulsion, aiming to be a leading provider of advanced electric thrusters empowering next-generation space endeavors. Orbion seeks to enable more robust and capable missions for clientele through continuous innovation.
Orbion Space Technology has raised $29.2M across 2 funding rounds.
Orbion Space Technology has raised $29.2M in total across 2 funding rounds.
Orbion Space Technology is a Michigan-based engineering company that designs and manufactures Hall‑effect electric propulsion systems (the Aurora family) for small satellites, aiming to make high‑performance, mass‑producible plasma thrusters affordable for commercial constellations and mission operators.[3][6]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick factual anchors: Orbion was founded in 2016 and is headquartered in Houghton, Michigan; it markets the Aurora Hall‑effect propulsion system and has secured government and commercial contracts while raising institutional capital.[3][1][6]
Orbion Space Technology has raised $29.2M in total across 2 funding rounds.
Orbion Space Technology's investors include Helion Venture Partners, Inventus Capital Partners, Investus Capital Partners, SV Angel, Uncork Capital, Georges Harik, Adam Sharkawy, Ann Arbor SPARK, Boomerang Catapult, Invest Detroit, Invest Michigan, Wakestream Ventures.
Orbion Space Technology has raised $29.2M across 2 funding rounds. Most recently, it raised $20.0M Series B in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $20.0M Series B | Helion Venture Partners, Inventus Capital Partners, Investus Capital Partners, SV Angel, Uncork Capital, Georges Harik | |
| Aug 28, 2019 | $9.2M Series A | Adam Sharkawy | Ann Arbor SPARK, Boomerang Catapult, Invest Detroit, Invest Michigan, Wakestream Ventures |