The Orion arm is located between the Carina–Sagittarius Arm, the local portion of which projects toward the Galactic Center, and the Perseus Arm’s local portion, which forms the main outer-most arm. It is one of the two major arms of the galaxy.The Solar System is close to its inner rim, about halfway along the arm’s length, in a relative cavity in the arm’s interstellar medium, known as the Local Bubble.Lambda Draconis (Wikipedia)
Lambda Draconis (λ Draconis, abbreviated Lam Dra, λ Dra), also named Giausar (/ˈdʒɔːzɑːr/ JAW-zar), is a solitary, orange-red star in the northern circumpolar constellation of Draco. It is visible to the naked eye with an apparent visual magnitude of +3.85. Based upon an annual parallax shift of 9.79 mas as seen from the Earth, the star is located around 333 light years from the Sun.Local Bubble (Wikipedia)
The Local Bubble, or Local Cavity, is a relative cavity in the interstellar medium (ISM) of the Orion Arm in the Milky Way. It contains the closest of celestial neighbours and among others, the Local Interstellar Cloud (which contains the Solar System), the neighbouring G-Cloud, the Ursa Major moving group (the closest stellar moving group) and the Hyades (the nearest open cluster).- The Orion Arm is a minor spiral arm of the Milky Way Galaxy that is 3,500 light-years (1,100 parsecs) across and approximately 10,000 light-years (3,100 parsecs) in length, containing the Solar System, including Earth. It is also referred to by its full name, the Orion–Cygnus Arm (not to be confused with the outer end of the Norma Arm the Cygnus Arm), as well as Local Arm, Orion Bridge, and formerly, the Local Spur and Orion Spur.