Constellations, Launch, New Space and more…
“Kanwal Rekhi”
Orbion Secures $20M in Series B Funding to Scale up Production of Plasma Thrusters for Satellite Constellations
Orbion engineers manufacture a Hall-effect thruster in Orbion’s Houghton, Mich. thruster fabrication facility. (Credit: Orbion Space Technology)

Funding led by Inventus Capital Partners will focus on manufacturing and automation to meet increasing demand.

HOUGHTON, Mich., June 24, 2021 — Orbion Space Technology, developer of next-generation smallsat electric propulsion solutions, today announced it has raised $20M in Series B funding in an oversubscribed round led by Inventus Capital Partners, a venture firm focused on developing companies that are defining and dominating high-growth markets. Additional participants in the round include Material Impact, Beringea, and Wakestream Ventures. 

  • Parabolic Arc
  • June 24, 2021