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.

Analytics

Raised to Date: Raised: $689,048

Aggregate Commitments $

Platform

Netcapital

Start Date

11/09/2021

Close Date

01/10/2022

Min. Goal

$10,000

Max. Goal

$4,000,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$40,246,055

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

36

% of Min. Goal

6,890%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$26,502

Momentum
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Location

Alta Loma, California

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Orbital Assembly Corporation, with a valuation of $40.2 million, is raising funds on NetCapital. It is a leading space development company striving to let humans work, play, and thrive in low-gravity space. The company plans to make Voyager-class space stations with gravity simulating on-orbit habitation environments. Orbital Assembly Corporation is tapping into the space tourism market, which is projected to be worth $60 billion per year within a few years. Rhonda Stevenson, Dr. Tom Spilker, and Timothy Alatorre founded Orbital Assembly Corporation in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,000,000. The campaign proceeds will be used for recruitment, marketing, travel, facility improvements, and payroll.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-102,529

$-7,703

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$14,958

$497

Accounts Receivable

$0

$0

Total Assets

$57,658

$497

Short-Term Debt

$0

$0

Long-Term Debt

$158,348

$0

Total Liabilities

$158,348

$0

Financials as of: 11/09/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Orbital Assembly Corporation 01/10/2022 Netcapital $40,246,055 $689,048 Equity - Common Active 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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Orbital Assembly Corporation on NetCapital 2021
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $40,246,055
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

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