Orbital Assembly

Orbital Assembly

Growth Stage

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.

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.

Overview

Raised to Date: Raised: $143,447

Total Commitments ($USD)

Platform

Netcapital

Start Date

11/22/2022

Close Date

02/21/2023

Min. Goal
$10,000
Max. Goal
$1,099,999
Min. Investment

$101

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.10

Pre-Money Valuation

$171,042,967

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,594

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Alta Loma, California

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: 11/22/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Above Space (previously Orbital Assembly Corporation) 03/30/2024 Silicon Prairie Online $219,464,512 $90,630 Equity - Common Funded RegCF
Orbital Assembly (previously Orbital Assembly Corporation) 07/18/2023 Silicon Prairie Online $185,004,460 $407,025 Equity - Common Funded RegCF
Orbital Assembly 02/20/2023 Netcapital $171,042,967 $143,447 Equity - Common Funded RegCF
Orbital Assembly Corporation 04/28/2022 Netcapital $40,246,055 $1,338,571 Equity - Common Funded RegCF
Orbital Assembly Corporation 04/21/2021 Netcapital $22,511,875 $995,000 Equity - Common Funded RegCF
Orbital Assembly Corporation 02/05/2021 Netcapital $23,511,875 $0 Equity - Common Funded Test the Waters
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Orbital Assembly on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $171,042,967
Price per Share: $2.10

Follow company

Follow Orbital Assembly on NetCapital 2022

Buy Orbital Assembly's Deal Report

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

Orbital Assembly Deal Report

Get KingsCrowd’s comprehensive report on Orbital Assembly including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Orbital Assembly is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Orbital Assembly deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge