SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-06-10

Orbion Space Technology

Active Satellite Manufacturing Private HQ: Houghton, Michigan Founded 2016

Houghton, MI mass-production Hall-effect thruster maker (Aurora: thruster + power processing unit + propellant management) that publicly states demand exceeds industry-wide production capacity and is expanding. A reported Mar 2026 transaction (Crain's Detroit, paywalled) remains unverified - treat as low confidence.

44.6

ARI Composite

High Risk

#44 of 56

Peer Rank

Manufacturing cohort

—

Total Launches

No flights tracked

—

Estimated valuation

Not disclosed

FINANCIAL HEALTH

44.6

ARI composite · High Risk

Peer rank#44 of 56

Peer groupManufacturing

Data coverage75%

Full finance profile →

SECTOR POSITION

Primary sectorSatellite Manufacturing

Rank within sector#44 of 56

Tracked peers56

REGISTRY DATA

Legal nameOrbion Space Technology, Inc.

OwnershipPrivate

HeadquartersHoughton, Michigan

CountryUS

Founded2016

AliasesOrbion Space Technology, Orbion

Key programsAurora integrated Hall-effect propulsion system

Gov customersAFRL (SBIR), DoD

Last funding~$72M total reported; $20M scale-up financing (2025)

IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · Space Intel Report documents the demand/capacity statement; funding totals per Dealroom/Beringea.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.