Orion Aircraft

Orion Aircraft

[Closed for Investment] Orion Aircraft, with a pre-money valuation of $1.3 million, is raising crowdfunding on NetCapital. The company is an aircraft manufacturer and seeks to make flight affordable again. Orion Aircraft is using better and more affordable technology to change the manufacturing process of aircraft. The new technology reduces the number of parts and required labor, thus decreasing the cost of making an airplane. Orion Aircraft was founded by Andrew M. House. The proceeds of the current crowdfunding round, with a minimum target of $10,000, will be used to build a prototype, get it tested, and seek regulatory approvals. The company has already filed for provisional patents for its technology that has been tested to be highly successful and promising.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
04/12/2019
Close Date
07/12/2019
Min. Goal
$10,000
Max. Goal
$300,000
Min. Investment

$99

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$1,300,000

Company & Team

Company

Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Wedgefield, South Carolina
Company Website
Visit Website

Team

Employees
1

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/12/2019 Netcapital $1,300,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Orion Aircraft on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $1,300,000
Price per Share: $1.00

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Warning: according to the close date for this deal, Orion Aircraft may no longer be accepting investments.

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