Orbion Space Technology

AerospaceSeries BHoughton, USorbionspace.com

Latest round

Series B

Last raised

Jun 2021

Total raised

$29M

Investors

8

About Orbion Space Technology

Orbion Space Technology, Inc.Founded in 2016 in Houghton, US, Orbion Space Technology specializes in propulsion systems for aerospace applications.Orbion Space Technology specializes in high-performance Hall-effect propulsion systems, with its flagship product being the Aurora propulsion system. This system integrates a magnetically shielded thruster, power processing unit, propellant management assembly, and electrical harnessing, designed for efficiency and enhanced thrust capabilities in small satellites. The Aurora system allows for a thrust increase of up to 100 times, enabling agile collision avoidance.Orbion Space Technology generates revenue through direct sales of its propulsion systems, focusing on both customizable and standard configurations of the Aurora system. Transactions typically involve B2B partnerships where clients request tailored propulsion solutions based on specific mission parameters. The company aims to design and launch new propulsion technologies targeting enhanced performance metrics. Additionally, it is looking to penetrate new geographic markets, with specific plans for expansion into Europe and Asia by 2023.

Who invested in Orbion Space Technology

8 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 24, 2021

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Aug 28, 2019

    Amount

    $9.2M

    Investors

    Locked

Questions about Orbion Space Technology

Who invested in Orbion Space Technology?

Orbion Space Technology has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Orbion Space Technology raised?

Orbion Space Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Orbion Space Technology last raise money?

Orbion Space Technology's most recent round on record is a Series B, in Jun 2021.

What does Orbion Space Technology do?

Orbion Space Technology is a aerospace company.

Where is Orbion Space Technology headquartered?

Orbion Space Technology is headquartered in Houghton, US.

Which VCs invest in companies like Orbion Space Technology?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Orbion Space Technology's stage. Their profiles are linked below.

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