When was Orbion Space Technology founded?

Orbion Space Technology was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Orbion Space Technology located?

Orbion Space Technology is headquartered in Houghton, United States.

Who is the current CEO of Orbion Space Technology?

Lyon King of Orbion Space Technology. They have also founded 1 company.

How many employees does Orbion Space Technology have?

As of Jul 01, 2024, the latest employee count at Orbion Space Technology is 36.

Is Orbion Space Technology a funded company?

Orbion Space Technology is a funded company, having raised a total of $72M across 13 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 07, 2017.

When was the latest funding round of Orbion Space Technology?

Orbion Space Technology's latest funding was a $***** Series B round on Dec 11, 2025, with participation from 0 investor. Its primary sector is Space Tech. In United States, the Space Tech sector has seen $2.55B in funding in 2026 to date.

Where does Orbion Space Technology rank among its competitors?

Orbion Space Technology ranks 2nd amongst 35 active competitors, of which 10 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was ENPULSION, which secured $26.4M in Mar, 2026.

Who are the top competitors of Orbion Space Technology?

Orbion Space Technology's top competitors include Exotrail, Magdrive and Accion. Among them, ENPULSION secured the most recent funding round in March, 2026.

Orbion Space Technology - 2026 Company Profile, Team, Funding & Competitors

Orbion Space Technology is an acquired company based in Houghton (United States), founded in 2016 by Jason Sommerville and Lyon King. It operates as a Developer of integrated Hall-effect propulsion systems for small satellite applications. Orbion Space Technology has raised $72M in funding from Inventus Capital Partners and Material Impact. The company has 35 active competitors, including 10 funded and 4 that have exited. Its top competitors include companies like Exotrail, Magdrive and Accion.

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
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Key Metrics

Founded Year

2016

Location

Houghton, United States

Stage

Acquired

Total Funding

$72M in 13 rounds

Latest Funding Round

Series B, Dec 11, 2025, $*****

Investors

Inventus Capital Partners & 9 more

Ranked

2^nd among 35 active competitors

Employee Count

36 as on Jul 01, 2024

Similar Companies

Exotrail & 34 more

Exit Details

Acquired by York Space Systems (Mar 12, 2026)

View Orbion Space Technology's full profile

Orbion Space Technology is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Orbion Space Technology CIN: - , Belgium, Active	Aug 16, 2016	-	-	-

Orbion Space Technology got acquired by York Space Systems on Mar 12, 2026.

Click here to take a look at Orbion Space Technology's acquisition in detail

Orbion Space Technology has raised a total funding of $72M over 13 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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2025	7411464	Series B	9951829	6755081	3657170	2856891
Oct 23, 2025	4994056	Conventional Debt	2932403	4465428	5486700	6607340
Jul 09, 2025	7761090	Series B	3320400	8703023	1401527	7273882

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View details of Orbion Space Technology's funding rounds and investors

The founders of Orbion Space Technology are Jason Sommerville and Lyon King. 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: Co-Founder & 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 36 employees as of Jul 24. Here is Orbion Space Technology's employee count trend over the years:

Employee count trend for Orbion Space Technology

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Top competitors of Orbion Space Technology include Exotrail, Magdrive and Accion. Here is the list of Top 10 competitors of Orbion Space Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Exotrail 2016, Massy (France), Series B	Provider of electric propulsion systems and in-orbit services for spacecraft	$74.6M	Eurazeo, Innovacom & 16 others	70/100
2nd	Orbion Space Technology 2016, Houghton (United States), Acquired	Developer of integrated Hall-effect propulsion systems for small satellite applications	$72M	Invest Detroit, ID Ventures & 8 others	59/100
3rd	Magdrive 2019, Harwell (United Kingdom), Seed	Developer of electric plasma thrusters for spacecraft propulsion systems	$12.4M	Redalpine, Founders Fund & 8 others	57/100
4th	Accion 2014, Boston (United States), Series C	Developer of ion beam-based electric propulsion systems for satellites	$71.6M	Shasta Ventures, Boeing & 19 others	54/100
5th	Thrustme 2017, Paris (France), Series A	Developer of electric propulsion systems and scientific instruments for spacecraft	$4.7M	Europa, Urania Ventures & 2 others	52/100
6th	Morpheus Space 2018, El Segundo (United States), Series A	Developer of electric propulsion systems for small satellite mobility solutions	$43M	Alpine Space, European Investment Fund & 8 others	50/100
7th	ALIENA 2018, Singapore (Singapore), Series A	Developer of electric propulsion systems for small satellite mobility solutions	$5.6M	Wavemaker Partners, 500 Global & 8 others	49/100
8th	ExoTerra 2011, Littleton (United States), Acquired	Developer of electric propulsion systems for microsatellites and spacecraft	$8M	LAGO, NASA	49/100
9th	ENPULSION 2016, Wiener Neustadt (Austria), Series B	Developer of electric propulsion systems for satellites	$26.4M	Nordwind Growth, TheVentury & 1 others	46/100
10th	Apollo Fusion 2015, Mountain View (United States), Acquired	Developer of an electric propulsion system using hybrid reactor technology	$10M	Greylock & 1 others	42/100