Orion Aircraft

Orion Aircraft

Early Stage

Startup aircraft manufacturer seeking to become the cost and value leader in the light sport aircraft segment.

Startup aircraft manufacturer seeking to become the cost and value leader in the light sport aircraft segment.

Overview

Raised to Date: Raised: $0

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

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

07/14/2019

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2019

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Location

Wedgefield, South Carolina

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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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.

Orion Aircraft Deal Report

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