Orbital Assembly Corporation

Orbital Assembly Corporation

Early Stage

A large scale space construction company that is launching the next phase of human exploration of space, artificial gravity, and rapid on-orbit assembly of large structures.

A large scale space construction company that is launching the next phase of human exploration of space, artificial gravity, and rapid on-orbit assembly of large structures.

Overview

Raised to Date: Raised: $995,000

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/06/2021

Close Date

04/21/2021

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$13,446

Momentum
Funded
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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

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.

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

Financials as of: 02/06/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Above Space (previously Orbital Assembly Corporation) 03/30/2024 Silicon Prairie Online $219,464,512 $54,980 Equity - Common Active RegCF
Orbital Assembly (previously Orbital Assembly Corporation) 07/18/2023 Silicon Prairie Online $185,004,460 $407,025 Equity - Common Funded RegCF
Orbital Assembly 02/20/2023 Netcapital $171,042,967 $143,447 Equity - Common Funded RegCF
Orbital Assembly Corporation 04/28/2022 Netcapital $40,246,055 $1,338,571 Equity - Common Funded RegCF
Orbital Assembly Corporation 04/21/2021 Netcapital $22,511,875 $995,000 Equity - Common Funded RegCF
Orbital Assembly Corporation 02/05/2021 Netcapital $23,511,875 $0 Equity - Common Funded Test the Waters
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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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