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.
Investment Overview
Raised: $0
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 04/12/2019
- Close Date
- 07/12/2019
$10,000
$300,000
$99
Equity - Common
RegCF
$1.00
$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
Financials
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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 |