introduction
Orbital Assembly is developing real estate in Space to fulfill the dream of low-gravity space habitation for all.
Orbital Assembly is working towards becoming one of the world’s most extensive space development companies, and a leader in industrial space development that aims to enable humanity to work, play and thrive in the space ecosystem. Working together with our world-class hardware vendors and partners, the company has been developing the technology and capabilities to build structures in space at a dramatically lower cost than the traditional method of building them on Earth and transporting them to space.
Over the last three years Orbital Assembly designed, built, and demonstrated a full scale prototype of the DSTAR™, an automated truss building machine, and completed schematic design of the Voyager-class™ station, PSTAR™, Gravity Ring™, Pioneer-class™ space platforms, and the OASIS™ habitation module. The company has signed agreements with dozens of potential customers of these platforms, including the US Air Force AFRL division. Orbital Assembly offers consulting services to assist these customers in preparing for use of these orbital assets and fly payload on the first Pioneer-class station, with planned initial operation as soon as 2026 contingent on funding.
The company seeks additional funding to initiate full scale human factors design (the company is in discussions with NASA Marshall Space Flight Center's Human Factors and Integrated Logistics Engineering (HFILE) Team to collaborate on this effort), to begin construction of the first orbital flight hardware, and pursue protection of the company's extensive portfolio of intellectual property.
We see a future need for our platforms throughout the solar system. In the near term, Orbital Assembly focuses on low Earth orbit design, construction, and operation of large-scale, habitable structures with gravity. For potentially the first time, those working and living in space may be able to experience long periods on orbit without the immediate discomfort and debilitating long-term effects of zero gravity.
Vision:
In the same way the creation of the printing press altered the course of human attainment, our vision is to change the trajectory of space habitation and commercialization by creating novel, scalable, gravity capable space platforms. Our aim is to make the name, Orbital Assembly, synonymous with commercial, gravity based space platforms industry wide.
Mission:
Our mission is to provide the first gravity capable, habitable space stations where humans will thrive.
We offer build-to-suit stations with Hybrid-gravity™ to private, commercial, and national customers for sale or lease.
We plan to build and operate our own on orbit business parks with gravity, and we anticipate providing the following services:
- Leasable space
- Manufacturing
- Data storage
- Leasable rack space
- Rapid cadence for resupply and downmass
- Research and development
- Long duration missions
- Space tourism
- Astronaut crew training facilities
- Media and film production facilities
- Branding and sponsorship opportunities
why you should invest in orbital assembly...
Commercialization of space is accelerating. We believe that investing in Orbital Assembly is investing towards early space industry development.
The Future Is In Rotation™. Orbital Assembly is creating large scale Hybrid-gravity space stations leveraging commercial off-the-shelf components and partners with space flight heritage systems. Other industry players are mired in the capabilities of times past, with designs to recreate the same microgravity only platforms that have been used for over 60 years.
Orbital Assembly is tapping into massive orbital manufacturing, assembly, and space tourism markets that have been repressed by high launch costs and limited on orbit facilities for the last 60 years. Orbital Assembly aims to provide facilities engineered for business, and with comfortable and healthy environments designed for people. Our patent pending designs (#63228459, #63345763, #63373308) use a modular approach to build large structures. By using proven space flight hardware we aim to offer safe, unparalleled commercial capabilities and luxury accommodations at a much lower cost compared to any other government or commercial station.
problem
Humanity has successfully established occupancy in the realm of space, but we have not conquered it. After seventy years of advancing space development, we continue to be hindered by the physiological, psychological, and emotional effects of long term habitation in a solely microgravity environment. Why is that? For one, the same microgravity that enables those products, progressively and aggressively attacks, on multiple fronts, the physical health and productivity of the facility's onboard crew.
Despite the commercial promise of the space environment, especially microgravity, to endow humanity with paradigm-shifting new products, to date no commercial entity has attempted significant production facilities in space. Gravity has no effective substitute, for the better part of a century (seventy years) of research and trials has not led to effective weightlessness countermeasures. Indifference and lack of capability led to mission plans which in turn further supported the indifference.
Previous and existing facilities in space provided workspace volume and time allocation for very limited process research. Those critical resources continue to be in woefully inadequate supply for efficient, full-scale production facilities. In times past the extremely high cost of transporting personnel and materials to orbit and back home was an impenetrable barrier to profitable operations in space. Launch costs made such operations uneconomic, and made sufficiently large facilities prohibitively expensive due to the greater quantity of material to be launched.
NASA is not addressing the cost of access to space, leaving that to private enterprise, which has stepped up to that challenge successfully. But neither NASA nor the established aerospace industry have near-term plans to address the obvious and critical need: Hybrid-gravity™ habitats that provide both artificial gravity for occupants and microgravity or reduced gravity for commercial activities, in facilities large enough to host such activities across multiple profitable sectors.
solution
We are exploiting the dramatic decrease in launch costs and capitalizing on our established partnerships with heritage, legacy, COTS space systems.
The cost of launching payloads to orbit continues to drop significantly. The cost of launch on the space shuttle to ISS averaged over $60,000/ kg. Today it costs less than 95%, at $1,800/ kg, and industry projections are that launch rates may continue to drop below $1,000 per kg by 2023 making it more cost effective to manufacture on orbit. SpaceX projects its Starship could reduce costs to below $100/kg.
Our approach to established technological applicability and refined, modular, hybrid habitat designs accommodates the need for large structures with artificial gravity to support long term human activities in the harsh environment of space. Combined with our dedication to scientific rigor, they can advance commercial opportunities in profitable and meaningful ways on our fleet of space stations in the near future.
The future success of habitable space structures is defined by their ability to protect and sustain occupants and to provide abundant volume for resources such as power and space to live and work, creating environments for sustained, comfortable, productive residency. Orbital Assembly is working to meet the critical need for partial artificial gravity environments and sustained habitation while providing the generous volume of a microgravity manufacturing and production workspace. We believe that our planned versatile, mixed-use facilities in Earth orbit are the perfect locations to mass produce materials of incredible strength, create materials to transmit information with minimal loss, grow enormous crystals for optics and communication, and to grow organs and other biomaterials. Residents on our stations may capitalize on the profitable opportunities our hybrid environments provide. Our rapid deployment and automated system of assembly aims to make space available to everyone. Can you imagine what your comfortable, extended experience on Pioneer station could be like?
In 2021, space tourism launched in a big way. Pioneering adventurers are spending as much as $28 million for a ticket to ride a rocket to the thin edge of space for a 10 minute flight. Opportunities for longer stays are scarce. By partnering with companies offering launches to orbit, Orbital Assembly provides a new destination in space that accommodates a longer stay in more comfortable conditions than a cramped capsule while discreetly addressing some of the more stressful realities of human habitation in zero g, and the view is amazing!
Product Roadmap
We are so excited to have our next step include the purchase of significant components for our Station in a Box™, Phase 1 of our hybrid-gravity Pioneer-class station, which we believe will be our first product to market. Our microgravity modules are designed to host one of the largest habitable volumes ever put into service on orbit, ready for sustained work and play. These modules provide for manufacturing at tremendous industrial scale, and for whole new tourism experiences and activities. Phases 2 and 3 of Pioneer are organized to provide variable artificial gravity levels usable for research and manufacturing of new products as well as provide for safe, sustained, comfortable habitation for both professionals and tourists. With an optimal funding profile, our systems and processes are designed to deliver multiple Pioneer Stations potentially as soon as 2029.
The successes of Pioneer lead directly to the next destination milestone on our development roadmap is construction of our Voyager-class stations. Like the Pioneer class stations, Voyager is designed to provide hybrid-gravity facilities, possibly offering an unprecedented level of access to the space ecosystem for commercial, industrial, and leisure market sectors, and for government interests.
The Pioneer and Voyager-class fleet of space stations are not designed to be limited to a few Earth bound orbits. As the market demands, we plan to have the capacity to position stations anywhere in cislunar space and beyond. Our technology could feed forward into even larger stations and habitats that may allow us to quickly scale and respond to evolving market demands as we grow and continue to innovate with all market segments.
business model
Orbital Assembly aims to fulfill the dream of low-gravity space habitation for all.
Orbital Assembly plans to generate revenue in a variety of ways including through consultancy services, leasing space and services on our orbital platforms, and constructing build-to-suit versatile orbital platforms and flight-ready hardware.
Our orbital systems are designed to lead the industrialization and commercialization of the space ecosystem and uniquely accommodate market sector uses including: tourism, media, commerce, industry, and research and manufacturing. We plan for our primary products and services to include:
- Hybrid Gravity with variable gravity levels
- Pressurized habitat / Multi-purpose areas
- Internal and protected external payload areas / research facilities, gasses, power, rack-space, etc.
- Reduced risk through advanced safety systems including, emergency return vehicles and areas of refuge
- Communications systems / local and wide area networks
- Hygiene and systems for human comfort including cold food storage
- Medical facilities
- Extra-Vehicular Activity space suits
OASIS habitats are a jointly developed technology between Orbital Assembly and our space heritage suppliers. OASIS habitats are the core of our single launch Station in a Box and the foundation of Pioneer and Voyager-class stations, and are available for purchase by other commercial and national space station developers. The habitats are ready to fly and can be outfitted as required for a variety of uses.
The Pioneer-class Station is planned to be our first free-flying space craft with the capability to accommodate up to 54 residents and crew on one to nine habitation modules. This hybrid-gravity space station, used for commercial operations, is designed for variable artificial gravity operation, providing the opportunity for long term habitation. The Pioneer-class Station is designed to generate revenue in all of the sectors listed above. Orbital Assembly anticipates the station may be cash flow positive in its first year of operation.
Voyager-class Space Stations feed forward from Pioneer-station architecture and are Orbital Assembly’s flagship product. They are designed to accommodate more than 300 passengers and crew, including tourists, business travelers, astronauts, scientists, and other groups interested in working and living in space. They are designed to offer continuous, near lunar operational artificial gravity, which is similar to the gravitational pull of the moon, as well as microgravity and near continuous sunlight, which aims to provide ample electrical power. For tourists, we believe we can provide hotel amenities that may include: “space-ous” accommodations; stunning views of the Earth, Moon, and stars; restaurant-quality food and beverages; events; functional toilets and showers; exercise facilities; medical triage services; and emergency evacuation capabilities. We’re not camping in space any more.
In addition to our crewed stations, Orbital Assembly also offers a range of versatile orbital platforms for use by a variety of stakeholders, including the Department of Defense. Orbital Assembly’s patent pending (#63228459, #63345763, #63373308) truss assembly machines can build versatile platforms for customer specific orbital applications. Our payload modules are backward compatible to traditional ISS Express Rack, CubeSat, and standard server formats, as well as offering custom rack solutions.
A key to the success of our orbital platforms is our ecosystem of partners, customers, and suppliers. Orbital Assembly has integrated a business model to capture a true end to end supply chain and distribution system that connects frequent and scalable cadence to terrestrial supply lines, and business to business customers on orbit. These capabilities are designed to allow our commercial customers to continuously supply their existing terrestrial markets.
market
NASA recently announced that its 2021 economic output exceeded its annual budget by a factor of three, without the agency having an economic motive. In 2019 the global space economy was valued at over $424 billion and Bank of America forecasts that it may reach $1.4 trillion by 2030. The markets for on orbit variable gravity environments include: construction, manufacturing, research, production, testing and refining of procedures, space tourism, and of increasing interest, additive manufacturing. The ISS is currently the only commercially available facility on orbit and suffers from an extreme backlog for the demand of finite space. Government contractors and defense interests are also part of the market. This is a growing, high demand market with clear first mover advantages.
The greatest barrier to entering the in-space assembly, manufacturing, construction, and tourism markets for on orbit activities continues to be cost, complicated by the higher risk due to microgravity and vacuum of space. Until now, the single largest financial obstacle was cost of launch and a limited number of payload delivery providers. This resulted in a limited number of delivery opportunities. The success of SpaceX, Rocket Lab, FireFly and other launch companies delivering payloads and people to orbit has democratized the space ecosystem, dramatically reducing financial barriers by no less than 80% of pre 2017 costs. There is no end in sight for those reductions. The challenging environment of space has always brought risk. The continued presence of the ISS and the upgrades and modifications of that space station, matured COTS products, and have paved the way to safer and more reliable systems for on orbit activities.
Ultimately, Orbital Assembly aims to be an end to end, assembly, construction, and development company in space. As market factors evolve, we plan to be well-positioned to shift our focus toward areas with some of the highest revenue potentials.
progress
Orbital Assembly’s world-class management team brings a wealth of space heritage, knowledge, passion, and experience to our organization. Our executive team has decades of experience from more than thirty completed, successful space missions. The illustrious group includes some of the world’s most experienced engineers, scientists, architects, designers, business professionals, and physicians, whose careers span literally hundreds of years focused on space research, development, innovation and mission success.
Making significant progress in the past three years since forming in 2019, Orbital Assembly has:
- Launched the DSTAR program with a record breaking successful ground demonstration in June 2021, where the DSTAR semi-autonomously assembled a structure the length of a football field (78m of truss) in under 25 minutes.
- Achieved significant design progress and initiated advanced design and engineering on the Gravity Ring and PSTAR.
- Completed architectural designs for the Pioneer-class and Voyager-class Stations.
- Filed multiple provisional patent applications (#63228459, #63345763, #63373308).
- Established industry partners, vendors and customers, as documented with Letters of Support, Letters of Intent, Letters of Commitment, and Memorandums of Understanding (MOU) - including US Air Force’s AFRL.
- Negotiated specific quotes and timelines from primary hardware suppliers and manufacturers for flight hardware.
press
The excitement and anticipation of Orbital Assembly’s habitable stations have incited an epic amount of high-profile public support, and continues to capture major media support worldwide. More than 500 news articles, interviews, and features have appeared to date. These include highly respected broadcast news outlets such as CNN, NPR, and CNBC’s News with Shepard Smith, as well as national talks shows such as Live with Kelly and Ryan and The Late Show with Steven Colbert. Print coverage includes The New York Times, Architectural Digest, Business Insider, the Robb Report, and BBC News.
Here are a just a few of the links to recent stories and mentions:
- The New York Times
The Future of Space Tourism Is Now. Well, Not Quite. - Nasdaq
Private Space Companies Like Orbital Assembly Poised to Take Off - Gizmodo
Space Startup Aims to Build Space Hotel With Artificial Gravity by 2025 - Huntsville Business Journal
Micro Meat and Orbital Assembly Team Up on Space-Based Food Production Venture - Smithsonian Magazine
Space Hotel Slated to Welcome Earthlings in 2025
team
Operating Team
Orbital Assembly has assembled a superb, experienced, passionate team representing many decades of space heritage, with professionals who were instrumental during the earliest days of NASA. Their combined expertise in the fields of construction, commercialization, mission management, design, engineering, physics, space architecture, space craft, space mission design, and business ensures Orbital Assembly’s success in meeting our financial goals.
Stevenson joined Orbital Assembly in 2021, after serving as a member of the executive advisory board. She has more than 20 years of business leadership and entrepreneurial experience in the aerospace sector, startups, and franchises, and instills a passion for building successful relationships within the space industry.
Stevenson also heads the non-profit organization ─ Tau Zero Foundation ─ dedicated to pioneering advancements toward interstellar flight, focusing on the intermediate steps of advanced propulsion and energy storage for on orbit capabilities and beyond. She is the creator and host of the “Space Matters” show, a syndicated weekly digest of space industry activities and relevant conversations.
In 2013, Stevenson founded Blue Elysium Enterprises, which provided strategic executive consulting to technology companies. Earlier in her career, she was chief marketing and promotions officer at Deep Space Industries, and founder of Space Mining and Resources Coalition.
Prior to joining Orbital Assembly, Dr. Spilker consulted on space flight mission architectures and proposals and planetary and solar system science investigations, and provided high-level feasibility assessments and spacecraft system engineering for scientific space flight missions.
He served as both a scientist and engineer at NASA’s Jet Propulsion Laboratory for more than 20 years, including 10 years as a Principal Space Flight Mission Architect. He worked on NASA's Voyager, Cassini, and Genesis missions, and was a co-Investigator for the microwave instrument on the European Space Agency’s Rosetta mission.
Dr. Spilker earned an M.S.E.E and Ph.D.E.E. from Stanford University and a Bachelor of Science degree, summa cum laude, in Geophysics and Computer Science from Kansas State University.
Alatorre was previously CEO of Domum, an internationally recognized architecture firm based in California. There, he increased revenue by 240% and grew the startup firm to a multinational organization overseeing more than $320 million in construction projects annually. He has supervised the design and construction of more than 600 structures and more than $1.5 billion in construction projects.
Alatorre has served as a planning commissioner and member of a municipal Architectural Review Committee for the city of Rocklin, CA, for several years, and worked as a consulting subject matter expert for the state of California for more than a decade.
Alatorre earned a Bachelor of Architecture degree from California Polytechnic State University in San Luis Obispo.
A well-known expert in energy analysis, climate policy and sustainable transportation, he began expanding his focus to emerging space technologies in 2014, and founded Emerging Futures, LLC, an environmental and space consultancy, in 2016.
Prior to that, he served as a staff scientist at Lawrence Berkeley National Laboratory for more than eight years. He has worked in climate and energy research capacities at Google, Environmental Defense Fund, Princeton University and the NASA Ames Research Center.
Greenblatt has a Ph.D. in Chemistry from the University of California, Berkeley, and a Bachelor of Science degree in Physics and Chemistry from Haverford College.
Prior to joining JPL in 1978, he worked at Lockheed Missile and Space Company on commercial and military aircraft. He started his career at Boeing Airplane Company in 1961, where he worked on many projects, including the 727 aircraft.
Miyake completed graduate studies in mathematics, bioengineering, system engineering and computer science, and received a Bachelor of Science degree in Mechanical Engineering with a thermal/fluids and nuclear emphasis at San Jose State College.
Ward received a Master of Systems Design and Management degree from Massachusetts Institute of Technology and a Bachelor of Science degree in Mechanical Engineering from Oregon State University. His Erdős number, which is derived from co-authoring mathematical papers, is 4.
Advisors and Investors
http://shawnapandya.com/
https://en.wikipedia.org/wiki/Janet%27s_Planet
Use of Proceeds
If the offering's maximum amount of $1,099,999 is raised:
Use | Value | % of Proceeds |
---|---|---|
Compensation for managers | $181,000 | 16.5% |
Unallocated Funds | $1 | less than 0.1% |
IP Protection | $200,000 | 18.2% |
Full scale module mock-up of habitation module | $130,000 | 11.8% |
Mock-up assembly and testing staff | $130,000 | 11.8% |
Lease for integration space | $120,000 | 10.9% |
General Corporate / Administrative | $285,099 | 25.9% |
Intermediary fees | $53,900 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Above: Space Development Corporation dba Orbital Assembly. This offering must reach its target of at least $10,000 by its offering deadline of February 21, 2023 at 10:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Pitch Deck
Financials
Orbital Assembly’s official name is Above: Space Development Corporation, so that’s the name that appears in the statements below.
These financial statements have been audited by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Feb 22, 2023Primary offering finalized, sellingshares
- Jan 24, 2023Orbital Assembly Names Ascent Solar CEO Jeffrey...
- Dec 15, 2022New research study - live now! In partnership...
- Dec 12, 2022New Question and Answer call with CTO, Dr. Tom...
- Dec 9, 2022Orbital Assembly announces a new program and...
- Nov 28, 2022Invitations were just emailed out for our...
- Nov 22, 2022Message for our Investors on the Netcapital...
- Oct 12, 2022# Hello! If you haven't signed up for our email...
- Jul 19, 2022Special video call for our premium...
- May 16, 2022Claim your investor gifts before the July 31st...
- May 10, 2022Tonight between 7:30pm and 8:00pm ET, COO Tim...
- Apr 30, 2022Primary offering finalized, sellingshares
- Apr 26, 2022The OAC Executive team would like to extend our...
- Apr 19, 2022It is with great excitement that we welcome...
- Apr 12, 2022We are excited to announce our partnership with...
- Apr 8, 2022We have launched a new show, "Our Future In...
- Apr 6, 2022In case you missed it. New Q&A with COO Tim...
- Mar 25, 2022Last week we emailed you about our first ever...
- Mar 23, 2022Orbital Assembly Corporation is relocating its...
- Mar 22, 2022Orbital Assembly Congratulates Chief of Medical...
- Mar 18, 2022Orbital Assembly has launched our first ever...
- Mar 11, 2022Orbital Assembly's COO, Tim Alatorre, did a...
- Feb 4, 2022Did you know? In the summer of 2021 we...
- Feb 2, 2022In the last 12 months OAC has had 2 successful...
- Jan 31, 2022OAC is constantly in the news. We want to keep...
- Jan 28, 2022Greetings: Here is the second of the two-part...
- Jan 26, 2022Greetings: We wanted to share the first of a...
- Jan 24, 2022We are nearing $1M in our second raise and...
- Jan 13, 2022OAC is pleased to be featured on e360tv this...
- Jan 11, 2022Dear OAC supporters: Many of you have already...
- Nov 30, 2021# We are excited to announce passed...
- Nov 9, 2021If you are an investor we would love to say...
- May 25, 2021Orbital Assembly Corporation is excited to...
- Apr 22, 2021Primary offering finalized, sellingshares
- Jan 29, 2021Today we will be holding a virtual event at 1pm...
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