Orbion Space Technology: Funding, Investors & Team (Oct 2026)
Orbion Space Technology manufactures Hall effect plasma thrusters for use in small and cube satellites. Since its inception in 2016, Orbion has developed and manufacture revolutionary plasma propulsion systems for small satellites and has promised to launch 5,000 small satellites within the next seven years.
Orbion Space Technology has raised $47.6M across 3 funding rounds on record, the most recent an undisclosed round of $27.1M announced in Dec 2025.
That round is above the $6.2M median round size for Information Technology companies tracked on FundedIQ over the last two years.
Orbion Space Technology Company Profile and Key Stats
Latest funding round on record: Dec 2025.
Orbion Space Technology Funding Rounds
Orbion Space Technology raised $20.0M in an undisclosed round announced in Jun 2021.
4.3 years later, an undisclosed round of $500k was announced in Oct 2025.
2 months later, an undisclosed round of $27.1M was announced in Dec 2025.
Orbion Space Technology Founders and Leadership Team
No contact details are on record for this team yet.
Orbion Space Technology Funding Compared to Other Information Technology Startups
Orbion Space Technology's latest round of $27.1M is above the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.
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Orbion Space Technology Funding FAQs
What does Orbion Space Technology do?
Orbion Space Technology manufactures Hall effect plasma thrusters for use in small and cube satellites. Since its inception in 2016, Orbion has developed and manufacture revolutionary plasma propulsion systems for small satellites and has promised to launch 5,000 small satellites within the next seven years.
How much funding has Orbion Space Technology raised?
Orbion Space Technology has raised $47.6M across 3 rounds on record. The most recent is an undisclosed round of $27.1M announced in Dec 2025.
When did Orbion Space Technology last raise funding?
Orbion Space Technology's most recent funding round on record is an undisclosed round of $27.1M, announced in Dec 2025.
Who is the CEO of Orbion Space Technology?
Lyon King is listed as CEO at Orbion Space Technology.
Where is Orbion Space Technology headquartered?
Orbion Space Technology is based in Houghton, Michigan, United States.
How many employees does Orbion Space Technology have?
Orbion Space Technology is in the 11-50 employee band.
How does Orbion Space Technology's funding compare to other Information Technology startups?
Orbion Space Technology's latest round of $27.1M is above the $6.2M median round size for Information Technology companies on FundedIQ across 3,146 tracked companies over the last two years.
About FundedIQ's Orbion Space Technology Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Orbion Space Technology is left off this page rather than filled in.
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