According to filings with the U.S. Securities and Exchange Commission, Orbion Space Technology is raising up to $3,000,000.00 in new funding. Sources indicate that as part of senior management President, Lyon King played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Orbion Space Technology
Orbion Space Technology is an AS-9100 certified production company that develops and manufactures revolutionary plasma propulsion systems for small satellites. Because of their fuel efficiency, Orbions thrusters can save spacecraft operators millions of dollars in operating costs while increasing the value of the spacecrafts data products. Orbion has a novel manufacturing approach that enables production of plasma thrusters at the unprecedentedly high rates that are required to equip the space revolution. More than 10,000 small satellites will be launched within the next few years. These satellites will perform Big Data missions such as providing wireless global internet and recording detailed images of anywhere on the Earths surface every hour. Each of these satellites will need its own thruster, or thrusters, to maneuver in space, counteract drag, and execute a controlled re-entry at the end of the mission to avoid populating space with junk.

To learn more about Orbion Space Technology, visit http://www.orbionspace.com/
Orbion Space Technology Linkedin Page: https://www.linkedin.com/company/orbion-space-technology/

Contact:
Lyon King, President
906-370-2376
https://www.linkedin.com/in/lyon-brad-king-ab3a48126/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.