From the passage provided, extract the name of the arm of Milky way Galaxy on which our solar system is located

Context: The Milky Way is a barred spiral galaxy with a D25 isophotal diameter estimated at 26.8 ± 1.1 kiloparsecs, but only about 1,000 light years thick at the spiral arms. Recent simulations suggest that a dark matter area, also containing some visible stars, may extend up to a diameter of almost 2 million light-years. The Milky Way has several satellite galaxies and is part of the Local Group of galaxies, which form part of the Virgo Supercluster, which is itself a component of the Laniakea Supercluster.

It is estimated to contain 100–400 billion stars and at least that number of planets. The Solar System is located at a radius of about 27,000 light-years from the Galactic Center, on the inner edge of the Orion Arm, one of the spiral-shaped concentrations of gas and dust. The stars in the innermost 10,000 light-years form a bulge and one or more bars that radiate from the bulge. The Galactic Center is an intense radio source known as Sagittarius A*, a supermassive black hole of 4.100 million solar masses. Stars and gases at a wide range of distances from the Galactic Center orbit at approximately 220 kilometers per second. The constant rotational speed appears to contradict the laws of Keplerian dynamics and suggests that much of the mass of the Milky Way is invisible to telescopes, neither emitting nor absorbing electromagnetic radiation. This conjectural mass has been termed "dark matter". The rotational period is about 212 million years at the radius of the Sun.

Answer: The solar system is located on Orion Arm of Milky way Galaxy.