Orion Aircraft on NetCapital

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

minimum raise

$10,000

maximum raise

$300,000

start date

04/12/2019

stop date

07/12/2019

security type

Other Security Type

investment minimum

$99

raised to date

$800

reporting date

04/21/2019

number of investors

Not Known

percent of minimum raised

8%

percent of maximum raised

0%

likelihood of reaching max

Likely to Reach Max

dollars per day to reach max

$3,787

dollars per day committed

$89

dollars per day - category-

$2,883

dollars per day committed - all companies

$831
Crowditz Momentum

days remaining

79
More SEC Filing Data on Orion Aircraft from Crowdfilings.com

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.