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SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-09-11

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.

43.0
ARI Composite
Very High Risk
#56 of 66
Peer Rank
Manufacturing cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

43.0
ARI composite · Very High Risk
Peer rank#56 of 66
Peer groupManufacturing
Data coverage75%

SECTOR POSITION

Rank within sector#56 of 66
Tracked peers66

RECENT COVERAGE

Date Source Headline
Sep 02, 2026 Payload Space York Space Systems Unveils New VLEO Sat Platform

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.