Orbital Assembly Corporation

[Closed for Investment] Orbital Assembly Corporation, with a post-money valuation of $23.5 million, is Crowdfunding on NetCapital. It is a space construction company launching the next phase of space exploration by humans. The company also plans to make commercial space stations, propellant depots, and space solar power platforms. John Blincow and Timothy Alatorre founded Orbital Assembly Corporation in 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The funds will be used for DSTAR demonstration, DSTAR system components, PSTAR and Gravity Ring fabrication, observer drone development, and observer drone fabrication. Orbital Assembly Corporation is working to create the first sustainable artificial gravity environment. It will tap into the space tourism market and offer luxury accommodations at a lower cost than other commercial stations.

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Investment Overview

Raised this Round: Raised: $995,000

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
02/07/2021
Close Date
04/22/2021
Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.25

Pre-Money Valuation

$22,511,875

Company & Team

Company

Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Alta Loma, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
Yes
Founder Name
John Blincow
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$642
 Runway
0.8 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-7,703

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$497

$0

Accounts Receivable

$0

$0

Total Assets

$497

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Ratings Kingscrowd Startup Rating Methodology Article

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Company Funding & Growth

Funding history

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 $33,856 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
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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.

Employee History

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Orbital Assembly Corporation on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $22,511,875
Price per Share: $0.25

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