Orbion Space Technology - About the company
Orbion Space Technology is an acquired company based in Houghton (United States), founded in 2016 by Jason Sommerville. It operates as a Developer of integrated Hall-effect propulsion systems for small satellite applications. Orbion Space Technology has raised $70.1M in funding from Inventus Capital Partners and Material Impact. The company has 36 active competitors, including 10 funded and 4 that have exited. Its top competitors include companies like Exotrail, Morpheus Space and ENPULSION.
Company Details
Developer of integrated Hall-effect propulsion systems for small satellite applications. The company provides propulsion systems including thruster, power processing unit, and propellant management assembly. The systems are designed for in-space maneuvers and collision avoidance. The company co-engineers module configurations to fit available spacecraft volume.
- Website
- orbionspace.com
- Social
Key Metrics
Founded Year
2016
Location
Houghton, United States
Stage
Acquired
Total Funding
$70.1M in 12 rounds
Latest Funding Round
Investors
Ranked
2nd among 36 active competitors
Employee Count
72 as on Aug 31, 2026
Exit Details
Acquired by York Space Systems (Mar 12, 2026)
Legal entities associated with Orbion Space Technology
Orbion Space Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Orbion Space Technology CIN: - , Belgium, Active | Aug 16, 2016 | - | - | - |
Orbion Space Technology's acquisition details
Orbion Space Technology got acquired by York Space Systems on Mar 12, 2026.
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Orbion Space Technology's funding and investors
Orbion Space Technology has raised a total funding of $70.1M over 12 rounds. Its first funding round was on Jul 07, 2017. Orbion Space Technology has 10 institutional investors.
Here is the list of recent funding rounds of Orbion Space Technology:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 11, 2025 | 5180834 | Series B | 7850547 | 8043691 | 4811632 | 9753749 |
Oct 23, 2025 | 4813094 | Conventional Debt | 9977178 | 2686090 | 6360631 | 2159024 |
Jul 09, 2025 | 4770073 | Series B | 9246523 | 2777712 | 9133936 | 3247181 |
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Orbion Space Technology's founders and board of directors
Founder? Claim ProfileThe founders of Orbion Space Technology is Jason Sommerville. Lyon King is the CEO of Orbion Space Technology.
Here are the details of Orbion Space Technology's key team members:
- Jason Sommerville: Co-Founder & CTO of Orbion Space Technology. Contact Info: 1 email address
- Lyon King: CEO of Orbion Space Technology. Contact Info: 1 email address
View details of Orbion Space Technology's Founder profiles and Board Members
Orbion Space Technology's employee count trend
Orbion Space Technology has 72 employees as of Aug 26. Here is Orbion Space Technology's employee count trend over the years:
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Orbion Space Technology's Competitors and alternates
Top competitors of Orbion Space Technology include Exotrail, Morpheus Space and ENPULSION. Here is the list of Top 10 competitors of Orbion Space Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of electric propulsion systems and in-orbit services for spacecraft | $74.6M | 67/100 | ||
2nd | Orbion Space Technology 2016, Houghton (United States), Acquired | Developer of integrated Hall-effect propulsion systems for small satellite applications | $70.1M | 61/100 | |
3rd |  Morpheus Space 2018, El Segundo (United States), Series A | Developer of electric propulsion systems for small satellite mobility solutions | $43M | 56/100 | |
4th | Developer of electric propulsion systems for satellites | $26.4M | 53/100 | ||
5th |  ExoTerra 2011, Littleton (United States), Acquired | Developer of electric propulsion systems for microsatellites and spacecraft | $8M | 49/100 | |
6th | Accion 2014, Boston (United States), Series C | Developer of ion beam-based electric propulsion systems for satellites | $71.6M | 49/100 | |
7th |  Magdrive 2019, Harwell (United Kingdom), Seed | Developer of electric plasma thrusters for spacecraft propulsion systems | $12.4M | 47/100 | |
8th | Developer of electric propulsion systems and scientific instruments for spacecraft | $4.7M | 42/100 | ||
9th |  ienai SPACE 2019, Madrid (Spain), Series A | Developer of customizable propulsion systems and software for satellite maneuvering | $7.49M | 41/100 | |
10th | Developer of electric propulsion systems for small satellite mobility solutions | $5.6M | 40/100 |
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Orbion Space Technology's Investments and acquisitions
Orbion Space Technology has made no investments or acquisitions yet.
Reports related to Orbion Space Technology
Here is the latest report on Orbion Space Technology's sector:
News related to Orbion Space Technology
Media has covered Orbion Space Technology for a total of 2 events in the last 1 year.
•
York Space Systems acquires Orbion Space TechnologyInvesting•Mar 12, 2026•Orbion Space Technology, York Space Systems
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Orbion Space Technology Has Filed A Notice Of An Exempt Offering Of Securities To Raise $3,000,000.00 In New Debt Financing.intelligence360•Oct 04, 2024•Orbion Space Technology
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Orbion Space Technology has filed a notice of an exempt offering of securities to raise $10,000,000.00 in New Debt Financing.intelligence360•Jun 22, 2023•Orbion Space Technology
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Orbion wins contract to demonstrate high-thrust propulsionSpaceNews•Aug 24, 2021•U.S. Air Force, Orbion Space Technology
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Satellite propulsion supplier Orbion raises $20 million in Series B fundingSpaceNews•Jun 24, 2021•Orbion Space Technology, Inventus Capital Partners, Material Impact, Beringea and 1 other
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Orbion, manufacturer of in-space plasma propulsion systems, raises $20M Series BTechCrunch+•Jun 24, 2021•Orbion Space Technology
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Blue Canyon selects Orbion electric thrusters for DARPA’s Blackjack satellitesSpaceNews•Sep 15, 2020•Blue Canyon Tech, Orbion Space Technology
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Orbion and the Space Physics Research Laboratory to Send Small Satellites SpacewardSatNews•Dec 17, 2019•Orbion Space Technology
•
Orbion Secures $9.2M in Series A FundingFinSMEs•Aug 28, 2019•Orbion Space Technology, Material Impact, Invest Michigan, Invest Detroit and 3 others
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