Orbion Space Technology

Propelling the small satellite revolution

Founded 2016

Houghton, United States 61 employees Total: $29.20M Manufacturing, Space +1

Orbion Space Technology is a certified production company focused on developing innovative plasma propulsion systems for small satellites. The company's slogan, "Propelling the small satellite revolution," reflects its commitment to driving advancements in space technology. With a novel manufacturing approach, Orbion is able to produce plasma thrusters at unprecedented rates, aligning with the increasing demand for small satellites. The potential market for Orbion's propulsion systems is substantial, with projections indicating the launch of over 10,000 small satellites in the coming years. These satellites are slated for missions such as global internet provision and comprehensive Earth surface imaging, all of which require efficient maneuvering and re-entry capabilities provided by Orbion's thrusters. Founded in 2016 and headquartered in the United States, Orbion Space Technology secured its most recent investment from Red Cedar Ventures in a funding round on 24 May 2023. This infusion of capital is poised to further bolster the company's position in the Manufacturing, Space, and Telecom industries, as it continues to play a pivotal role in advancing the capabilities of small satellite technology.

Funding Stage	Amount	Investors	Lead Investors	Date
Funding Round	Undisclosed	1	Red Cedar Ventures	24 May 2023
Series B	$20.00M	5	Beringea, Inventus Capital Partners +3	24 Jun 2021
Series A	$9.20M	4	Ann Arbor Spark, Wakestream Ventures +2	28 Aug 2019

Funding Stage

Amount

Investors

Lead Investors

Date

Funding Round

Undisclosed

Red Cedar Ventures

24 May 2023

Series B

$20.00M

Beringea, Inventus Capital Partners +3

24 Jun 2021

Series A

$9.20M

Ann Arbor Spark, Wakestream Ventures +2

28 Aug 2019

FAQ About Orbion Space Technology

Propelling the small satellite revolution

Orbion Space Technology was founded in 2016.

Orbion Space Technology is headquartered in Houghton, United States.

Orbion Space Technology operates in Manufacturing, Space and Telecom. Its work centres on Plasma propulsion systems, Small satellites, Space technology and Manufacturing innovation.

Orbion Space Technology has approximately 61 employees.

Orbion Space Technology has completed 3 funding rounds, raising a total of $29.20M.

Top alternatives and competitors to Orbion Space Technology include Busek - we're hiring!, IENAI SPACE, PULSAR, Magdrive, Rocket Lab. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Orbion Space Technology and Busek - we're hiring! are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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