Orbion Space Technology
Develops and manufactures Hall-effect thruster (HET) electric propulsion systems for small satellites, enabling affordable, reliable, and mass-producible propulsion for commercial and government missions.
- CEO / Founder
- Lyon (Brad) King
- Team Size
- 51-200
- Stage
- Acquired
- Total Funding
- $44.22M
- Latest Round
- Acquired
- Key Investors
- Beringea; Wakestream Ventures; Michigan Strategic Fund
Technology & Products
Key Products
Aurora Hall-effect thruster propulsion system; Integrated propulsion systems for small satellites; Thruster configurator tool
Technological Advantage
Orbion's proprietary manufacturing approach and use of additive manufacturing (including additive friction stir deposition) enable production of Hall-effect thrusters at unprecedented rates, reducing cost and lead time. The company leverages NASA's cathode heater technology under a Data Usage Agreement, improving electrical efficiency and operating life. The advantage is protected by trade secrets and manufacturing know-how, though specific patents are not publicly detailed.
Differentiation
Value Proposition
Provides high-performance Hall-effect thrusters at commercial prices, reducing propulsion system cost and lead time while enabling high-rate production for small satellite constellations.
How They Differentiate
Orbion differentiates through high-rate, mass-producible Hall-effect thrusters at commercial prices, leveraging NASA-derived technology and a novel manufacturing approach, compared to competitors that may focus on custom or lower-volume systems.
Market & Competition
Target Customers
Small satellite manufacturers, satellite operators, and government space agencies
Industry Verticals
Aerospace; Defense; Satellite
Competitors
Phase Four; Enpulsion; Exotrail; ExoTerra; ThrustMe; Busek Co. Inc.
Growth & Milestones
Growth Metrics
Raised $20M in Series B in 2021; total funding over $30M through three rounds by 2022; acquired by York Space Systems in March 2026.
Major Milestones
Founded in 2016; Raised $20M Series B in 2021; Acquired by York Space Systems in March 2026