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Orbital Assembly announces new equity offering to Advance Hybrid-Gravity Space Station development
by Staff Writers
Huntsville AL (SPX) Dec 08, 2022

Over the last three years, Orbital Assembly completed schematic design of the Voyager-class station and Pioneer-class space platforms, and the OASIS habitation module. The company has signed agreements with dozens of partners, vendors, and future customers.

Orbital Assembly (OA), a leader in the race to make Hybrid-GravityTM space accessible for leisure, commercial and industrial activities has announced a crowdfunding equity offering (Regulation CF).

The company continues to seek investment to initiate full scale human factors design in conjunction with NASA Marshall Space Flight Center, to begin construction of the first orbital flight hardware, and pursue protection of the company's extensive portfolio of intellectual property.

"Orbital Assembly is developing real estate in space to fulfill the dream of sustained, hybrid-gravity space habitation for all on its Pioneer and Voyager class stations," says Rhonda Stevenson, CEO of Orbital Assembly.

"We are focused on becoming one of the world's most extensive space development companies working together with our world-class hardware vendors and partners. OA has the technology and capabilities to build versatile space structures using commercial off the shelf materials at a significantly lower cost by building in space rather than on earth and transporting into orbit."

Over the last three years, Orbital Assembly completed schematic design of the Voyager-class station and Pioneer-class space platforms, and the OASIS habitation module. The company has signed agreements with dozens of partners, vendors, and future customers.

The company is also pursuing a number of Small Business Administration projects (SBIR) with multiple agencies in the Department of Defense. Orbital Assembly offers consulting services to assist these customers in preparing for use of our orbital assets and fly payload on the first Pioneer-class station, with planned initial operation within 30 months contingent on funding.

The Pioneer-classTM stations are designed to be the world's first and largest hybrid space stations and the first free-flying, habitable, privately-operated facility in orbit. The station configuration will offer modules with 73,454 cubic feet of space - each twice the size of the International Space Station. OA is in discussions with customers for long term leases of rack space for the first launch of their "station in a box."

The Pioneer-class Station will be our first free-flying space craft and accommodate up to 54 people. 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. Based on current customer interest, Orbital Assembly projects 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.

Voyager is 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. Plans are to offer sustained, near lunar operational artificial gravity, which is similar to the gravitational pull of the moon, as well as microgravity. Near continuous sunlight will provide ample solar 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 cuisine; exercise facilities activities and events along with earthlike toilets and showers. OA will also offer medical triage services and emergency evacuation capabilities.

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AE Industrial Partners completes investment in York Space Systems
Boca Raton FL (SPX) Nov 15, 2022
AE Industrial Partners, LP ("AEI"), a leader in space investing and a private equity firm specializing in aerospace, defense and government services, space, power and utility services, and specialty industrial markets, has completed its majority stake investment in York Space Systems ("York" or "the Company"), an independent provider of small satellites, satellite components and turnkey mission operations. Dirk Wallinger, who founded York in 2012, will remain in his current role as CEO and Board D ... read more

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