Orbital Assembly

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: $34,906

Aggregate Commitments $

Platform

Netcapital

Start Date

11/23/2022

Close Date

01/23/2023

Min. Goal

$10,000

Max. Goal

$1,099,999

Min. Investment

$101

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$2.10

Pre-Money Valuation

$171,042,967

Rolling Commitments $

Status

Active

Reporting Date

12/09/2022

Days Remaining

45

% of Min. Goal

349%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,182

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, with a valuation of $171.04 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 Pioneer-class and Voyager-class space stations with gravity-simulating on-orbit habitation environments. Orbital Assembly 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 in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.09 million. The campaign proceeds will be used for IP protection, full-scale module mockup of habitation module, mockup assembly and testing staff, lease for integration space, compensation, and general corporate purposes.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,368,394

$-102,529

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$315,432

$14,958

Accounts Receivable

$0

$0

Total Assets

$360,106

$57,658

Short-Term Debt

$0

$0

Long-Term Debt

$0

$158,348

Total Liabilities

$0

$158,348

Financials as of: 11/23/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Orbital Assembly 01/23/2023 Netcapital $171,042,967 $34,906 Equity - Common Active 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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Orbital Assembly on NetCapital 2022
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $171,042,967
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