...the who's who,
and the what's what 
of the space industry

Space Careers

news Space News

Search News Archive

Title

Article text

Keyword

  • Home
  • News
  • Orbital Assembly raises over $1 Million for artificial gravity technology development

Orbital Assembly raises over $1 Million for artificial gravity technology development

Written by  Sunday, 13 February 2022 10:32
Write a comment
Rocklin CAA (SPX) Feb 11, 2022
Orbital Assembly Corporation (OAC) the leader in providing artificial gravity technologies enabling humanity to work, play and thrive in the space ecosystem has raised an additional $1 million to advance its space station facility development. The company raised the funds on the Netcapital (Reg CF) crowdfunding site after its first successful funding round in 2021. This round is scheduled

Orbital Assembly Corporation (OAC) the leader in providing artificial gravity technologies enabling humanity to work, play and thrive in the space ecosystem has raised an additional $1 million to advance its space station facility development.

The company raised the funds on the Netcapital (Reg CF) crowdfunding site after its first successful funding round in 2021. This round is scheduled to close at the end of February.

"Exceeding $1 million gives the company the opportunity to fill key positions and focus on attracting larger investors and strategic partners," says Rhonda Stevenson, chief executive office of Orbital Assembly. "In addition to offering habitation for tourism, we are pursuing companies in industries that can benefit from space manufacturing including semiconductors, data communications and pharmaceuticals."

Although long term space habitation without gravity results in numerous health issues and lacks standard earthly comforts, OAC is the only company pursuing a space station with gravity. The structure overcomes this obstacle by producing its own simulated gravity with slow rotation.

The Pioneer Station architecture is modular and allows for rapid expansion. As demand for leasable space on the station grows, the hotel component will host a more diverse population of visitors, and result in a lower cost per person.


Related Links
Orbital Assembly
The Physics of Time and Space

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

SpaceDaily Contributor
$5 Billed Once

credit card or paypal



PHYSICS NEWS
Future gravitational wave detector in space could uncover secrets of the Universe
Nottingham UK (SPX) Feb 11, 2022
New research has shown that future gravitational wave detections from space will be capable of finding new fundamental fields and potentially shed new light on unexplained aspects of the Universe. Professor Thomas Sotiriou from the University of Nottingham's Centre of Gravity and Andrea Maselli, researcher at GSSI and INFN associate, together with researchers from SISSA, and La Sapienza of Rome, showed the unprecedented accuracy with which gravitational wave observations by the space interferomete ... read more


Read more from original source...

You must login to post a comment.
Loading comment... The comment will be refreshed after 00:00.

Be the first to comment.

Interested in Space?

Hit the buttons below to follow us...