Maybe I can shed a bit of light on this, having owned a few Mavic Ksyriums over a decade ago as well as exchanged ideas with Jeremy about hub constructions incorporated into his ORC-UL.
For many of their road wheels, Mavic commonly uses a ratchet system called FTS
with 2 pawls on the inside of the hub shell diameter underneath the splines. The ORC-UL ratchet mechanism sits in the driveside flange and its cassette body has a cartridge bearing supported by the axle where Mavic FTS has its pawls.Mavic FTS-L ratchet system
Both Mavic FTS hubs and ORC-ULs have a bushing between the cassette body and hubshell right at the driveside flange. Mavic has also used bearings here before. Now comes the interesting part.
On both hub designs, there are 2 bearings right at the dropout end, one to enable rotation for the cassette body for coasting and one for the hubshell to spin on its axle. With Mavic, both these bearings spin on the same axle. With the ORC-UL however, Jeremy has devised a construction where both bearing and bushing inside the cassette body body rotate on the hubshell and not the hub axle.
The brilliance in this is that the ORC-UL cassette body body rotates independently and isolated from the axle, whereas with all Mavic's ratchet systems both the drive-side hubshell and cassette body body bearings are always both mounted on the axle. In other words, the ORC-UL hubshell has a wider bearing spacing either end of the hub. The bearing and bushing for rotating the cassette body body are only engaged during coasting, thereby saving wear. Additionally, Jeremy has specified the hubshell with larger load capacity bearings than commonly used to increase durability and, because the axle barely gets loaded, he was able to reduce its diameter as well as weight.
All this resulted in a stronger and stiffer yet lighter hub than the previous ORC, despite the heavier but higher load capacity hubshell bearings.
OP Ergott shows a ORC-UL without cassette body. A Mavic hub could not be ridden without its at least the drive-side bearing of the cassette body. @Ergott, could you maybe photograph an exploded view of the ORC-UL including the order that the bearings and bushing sit in? I think this will help greatly for people to understand the differences between most hubs and the ORC-UL's construction.