Above Space (previously Orbital Assembly Corporation)
[Closed for Investment] Above Space, with a valuation of $219.5 million, is raising funds on Silicon Prairie Online. It is a leading space development company striving to let humans work, play, and thrive in low-gravity space. Above Space has created a working prototype of the DSTAR, an automated truss-building robotic system, and has a five-year umbrella Space Act Agreement with NASA to design space stations and platforms. The company is working on several projects, including a Voyager-class station, Gravity Ring, Prometheus, Archimedes, and the OASIS habitation module, and has two Air Force contracts totaling $1.8 million. Rhonda Stevenson, Dr. Thomas Spilker, Timothy Alatorre, and Rob Miyake founded Above Space in June 2022. The current crowdfunding campaign has a minimum target of $11,500 and a maximum target of $3.22 million. The campaign proceeds will be used for compensation for managers, engineering and design, Prometheus flight hardware, and customer acquisition.
Investment Overview
Raised: $90,630
Deal Terms
Total Commitments ($USD)
- Platform
- Silicon Prairie Online
- Start Date
- 10/31/2023
- Close Date
- 03/31/2024
$11,500
$3,220,000
$230
Equity - Common
Series A
RegCF
$2.30
$219,464,512
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,180,177
- Grants
- $1,800,000
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Above Space (previously Orbital Assembly Corporation) | 10/28/2025 | Silicon Prairie Online | $156,264,073 | $37,536 | Equity - Common | Active | RegCF |
| Above Space (previously Orbital Assembly Corporation) | 03/31/2024 | Silicon Prairie Online | $219,464,512 | $90,630 | Equity - Common | Funded | RegCF |
| Orbital Assembly (previously Orbital Assembly Corporation) | 07/19/2023 | Silicon Prairie Online | $185,004,460 | $407,025 | Equity - Common | Funded | RegCF |
| Orbital Assembly | 02/21/2023 | Netcapital | $171,042,967 | $143,447 | Equity - Common | Funded | RegCF |
| Orbital Assembly Corporation | 04/29/2022 | Netcapital | $40,246,055 | $1,338,571 | Equity - Common | Funded | RegCF |
| Orbital Assembly Corporation | 04/22/2021 | Netcapital | $22,511,875 | $995,000 | Equity - Common | Funded | RegCF |
| Orbital Assembly Corporation | 02/06/2021 | Netcapital | $23,511,875 | $0 | Equity - Common | Funded | Test the Waters |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.