We present an experimental study of the low-energy stereodynamics of the reaction. Supersonic expansions of the two reactants are superposed in a merged beam experiment, where individual velocity control of the two beams allows us to reach average relative velocities of zero, yielding minimum collision energies around 60 mK. We combine the merged beam technique with the orientation of the metastable neon atoms and measure the branching between two reaction channels, Penning ionization and associative ionization, as a function of neon orientation and collision energy, covering the range 0.06–700 K. We find that we lose the ability to orient Ne below due to dynamic reorientation. Associative ionization products predissociate with a probability of 30%–60% and that associative ionization is entirely due to reactions of the state, where the singly occupied orbital of the is oriented along the interatomic axis.