Orion Aircraft on NetCapital

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


Key Stats

Minimum Raise

$10,000

Maximum Raise

$300,000

Likelihood of Max Unlikely
Start Date

04/12/2019

Stop Date

07/12/2019

Days Remaining

Closed

Security Type

Other Security Type

Investment Minimum

$99

Deal Type

No Review


Investment Summary

Status

Not Funded / Not Sure

# of Investors

Not Known

% of Minimum Raised

N/A

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

N/A

DPD* Committed

N/A

DPD* Category

$3,639

DPD* All Companies

$1,085

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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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