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. 

View source version on spacenews.com: https://spacenews.com/satellite-propulsion-supplier-orbion-raises-20-million-in-series-b-funding/