Orbital Assembly (previously Orbital Assembly Corporation)
About this raise: Orbital Assembly, with a valuation of $186.3 million, is raising funds on Silicon Prairie Online. 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 $1.3 million. The campaign proceeds will be used for IP protection, mock-up of habitation module, mock-up assembly and testing staff, flight hardware prototype, lease for integration space, and compensation.
Investment Overview
Invested : $407,025
Deal Terms
Total Commitments ($USD)
- Platform
- Silicon Prairie Online
- Start Date
- 03/24/2023
- Close Date
- 07/19/2023
$10,000
$1,333,333
$225
Equity - Common
Seed
RegCF
$2.25
$185,004,460
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,230,575
- VC Backed?
- No
| 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 | $282,860 | 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 |
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.