What is Orbion Space Technology?
Orbion Space Technology is a pioneer in the development of revolutionary propulsion systems designed to enhance the capabilities of small satellites in diverse space environments. By focusing on the first-ever Hall-effect plasma thruster optimized for mass production, the company addresses a critical bottleneck in the satellite industry: the need for reliable, scalable, and cost-effective propulsion. The firm integrates deep expertise in plasma physics, space electronics, and advanced manufacturing processes to deliver solutions that meet the rigorous requirements of contemporary satellite constellations. By bridging the gap between laboratory-grade innovation and industrial-scale production, Orbion is effectively future-proofing the infrastructure required for sustainable orbital operations.
How much funding has Orbion Space Technology raised?
Orbion Space Technology has raised a total of $30.4M across 4 funding rounds:
Series A
$9.2M
Series B
$20M
Debt
$650K
Debt
$500K
Series A (2019): $9.2M with participation from Invest Michigan, Ann Arbor SPARK, Material Impact, Boomerang Catapult, Wakestream Ventures, and Invest Detroit
Series B (2021): $20M led by Material Impact, Inventus Capital Partners, Wakestream Ventures, and Beringea
Debt (2025): $650K, investors not publicly disclosed
Debt (2025): $500K, investors not publicly disclosed
Key Investors in Orbion Space Technology
Material Impact
Material Impact is a venture firm focused on building deep tech companies that leverage material science to drive innovation and sustainability.
Beringea
Beringea is an international venture capital firm that invests in high-growth businesses, providing strategic support to help entrepreneurs build large-scale companies.
Inventus Capital Partners
Inventus Capital Partners specializes in leading early-stage rounds for technology startups, acting as collaborative coaches to guide companies through critical growth phases.
What's next for Orbion Space Technology?
With the recent influx of capital, Orbion Space Technology is well-positioned to expand its manufacturing footprint and refine its production techniques to meet the accelerating demand from NewSpace customers. The strategic focus will likely shift toward optimizing supply chain resilience and scaling the delivery of its propulsion systems to support larger satellite constellations. As the company moves beyond its initial development phases, the integration of these thrusters into commercial and government satellite platforms will be the primary driver of long-term value. The firm's ability to maintain its technological edge while scaling production will be the defining factor in its continued growth and market dominance within the competitive aerospace propulsion landscape.
See full Orbion Space Technology company page
