Orbital Assembly Corporation

Neutral
BETA

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.

Analytics

Raised to Date: $1,000,000

Aggregate Commitments $
Platform

Netcapital

Start Date

02/07/2021

Close Date

04/01/2021

Min. Goal

$10,000

Max. Goal

$1,000,000

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$22,511,875

Weekly Commitments $
Status

Active

Reporting Date

03/03/2021

Days Remaining

28

% of Min. Goal

10,000%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$41,667

Momentum
Location

Alta Loma, California

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Orbital Assembly Corporation, with a post-money valuation of $23.5 million, is Crowdfunding on NetCapital. It is a space construction company launching the next phase of space exploration by humans. The company also plans to make commercial space stations, propellant depots, and space solar power platforms. John Blincow and Timothy Alatorre founded Orbital Assembly Corporation in 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The funds will be used for DSTAR demonstration, DSTAR system components, PSTAR and Gravity Ring fabrication, observer drone development, and observer drone fabrication. Orbital Assembly Corporation is working to create the first sustainable artificial gravity environment. It will tap into the space tourism market and offer luxury accommodations at a lower cost than other commercial stations.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-7,703

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$497

$0

Accounts Receivable

$0

$0

Total Assets

$497

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
04/01/2021 Netcapital $22,511,875 $1,000,000 Equity - Common Active RegCF
02/06/2021 Netcapital $23,511,875 $0 Equity - Common Confirmed Closed Test the Waters

Ratings

last updated 03/04/2021

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