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Orbion Space Technology

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Small satellite electric propulsion technology and space systems, affordable, reliable electric propulsion for your small satellite mission

Houghton, United StatesFounded 2016Space
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Orbion Space Technology and the history behind them.

About Orbion Space Technology

Orbion Space Technology provides plasma propulsion systems for the small satellite market, addressing a critical need for in-space maneuverability. The company was founded in 2016 by Dr. Brad King and Dr. Jason Sommerville and is headquartered in Houghton, Michigan. The founders leveraged their extensive background in space propulsion research, much of which was developed at Michigan Technological University, where King is a professor and leads the Ion Space Propulsion Lab. Recognizing a future demand for their specialized thrusters, they established Orbion to transition the technology from the lab to a commercial product.

The firm's core business revolves around designing, manufacturing, and selling its flagship product, the Aurora Hall-effect propulsion system. This fully integrated system includes a thruster, power processing unit, and propellant management, designed for mass production. Orbion’s business model focuses on direct B2B sales to satellite manufacturers and operators, including commercial entities and government agencies like the Department of Defense. The company generates revenue through the sale of these standardized yet configurable propulsion systems, with potential for long-term service and integration contracts. By bringing manufacturing in-house and adopting techniques from the automotive and tactical missile industries, Orbion aims to deliver reliable systems with a quick turnaround of 6-8 days, a significant reduction from the traditional 6-8 months.

The Aurora system uses Hall-effect thruster technology, which employs an electric field to accelerate xenon plasma, providing a gentle but highly fuel-efficient thrust. This allows small satellites to perform essential on-orbit maneuvers such as reaching their final destination after a rideshare launch, compensating for atmospheric drag, extending mission lifetimes, and executing a controlled de-orbit to prevent space debris. A key feature is a dual-mode operation that can increase thrust by a factor of 100 on demand, enabling agile collision avoidance. Orbion also offers the "El Matador" system, a lightweight addition for rapid evasive maneuvers. The company’s AS9100D certification underscores its commitment to quality management standards for the aerospace and defense industry.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2016
Headquarters
Houghton, United States
Employees
69
Open positions
2
Dealroom signal
50.0/100
Industry
Space
Sector
Space, Automotive, Spinout, Space Tech, Space Vehicles Components and Payloads, Propulsion Systems, Space Upstream, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2026 $0 — York Space Systems ↗
DEBT✓Debt Oct 2024 $3M — Undisclosed ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Orbion Space Technology website traffic

Latest recorded traffic for Orbion Space Technology is 3.9K monthly website visits, down 37.1% over the last three months. Orbion Space Technology's team grew 13.1% over the past year.

Latest monthly visits3.9K 3-month web change-37.1% 1-year team growth+13.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Invest Michigan

Series A9 investors entered at this stage

  • Material Impact
  • Invest Detroit
  • Boomerang-Catapult
  • Ann Arbor Spark
  • Wakestream Ventures
  • Beringea
  • Inventus Capital Partners
  • Michigan Rise
  • ChiBor Angels

Other known investors6 additional known investors

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Orbion Space Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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