Satellite propulsion supplier Orbion raises $20 million in Series B funding
The company is looking to ramp up production to meet demand from commercial constellations and from the U.S. government
This is an article about portfolio company, Orbion.
WASHINGTON — Orbion Space Technology, a Michigan-based supplier of electric propulsion for small satellites, announced June 24 it has raised $20 million in Series B funding.
The new funding is to scale up production of plasma thrusters for small satellites, the company said. Orbion’s Aurora propulsion system uses the satellite’s electrical power to generate thrust.
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