Leo Aerospace

Leo Aerospace

[Closed for Investment] Who Should Be Interested:
Are you interested or involved in the emerging small satellite economy? Are you ready to finally have access to space? Well then, it sounds like Leo Aerospace might be the investment for you. They’re developing a rocket that allows small satellites, or microsatellites, to finally be able to enter space.

The Company:
Leo Aerospace is a launch company focusing on microsatellites and launching them into space. They’re developing a “rockoon,” or a rocket launched from a high-altitude balloon. Using this method, they believe they can provide small satellites access to outer space. Their current focus in prototyping and de-risking hardware to reach the edge of space with the goal of launching to orbit in five years. Miniaturization of technology has led to the mass adoption of cost effective microsatellites, and with Leo Aerospace’s vision, they hope to use microsatellites to change the world by doing things like managing the health of crops, tracking global commodity supplies, fighting illegal fishing, and advancing scientific and human exploration.

The Bottom Line:
Leo Aerospace’s research and technology is innovative, exciting….and possible world-changing. They’re on the brink of what future microsatellite technology and opportunities could look like -- and just imagine the world of possibility if they can launch their rockoon into space.

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Investment Overview

Raised this Round: Raised: $221,463

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
01/29/2018
Close Date
05/29/2018
Min. Goal
$10,000
Max. Goal
$400,000
Min. Investment

$103

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.44

Pre-Money Valuation

$4,174,537

Company & Team

Company

Year Founded
2017
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Marina Del Rey, California
Company Website
Visit Website

Team

Employees
5

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/29/2018 Netcapital $4,174,537 $221,463 Equity - Common Funded RegCF
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Leo Aerospace on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,174,537
Price per Share: $4.44

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Warning: according to the close date for this deal, Leo Aerospace may no longer be accepting investments.

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