Orb Aerospace

Orb Aerospace

Democratizes aviation through merit-based programs

About

Orb Aerospace focuses on making aviation more accessible by providing practical solutions for individuals with proven skills, regardless of their educational background. Their main product is a fellowship program called Orbship, which selects candidates based on their project portfolios and problem-solving abilities through a competitive selection process that includes a project review, video interviews, and a pitch competition. This approach sets Orb apart from traditional flying taxi companies by emphasizing merit and inclusivity. The company generates revenue through advanced manufacturing contracts and partnerships, showcasing their reliability in the industry. The goal of Orb Aerospace is to democratize aviation opportunities and empower talented individuals to tackle complex challenges in the aviation and advanced manufacturing sectors.

Company Stage

Seed

Employees

11-50

Industries

Industrial & Manufacturing, Aerospace

Total Funding

$3.3M

Headquarters

Lowell, Michigan

Founded

2017


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Simplify's Take

What believers are saying

  • Orb Aerospace raised $2.85 million in venture funding for electric aircraft development.
  • The Orbship fellowship aligns with growing trends in merit-based programs in tech and aviation.
  • Rising demand for innovative solutions in advanced manufacturing benefits Orb Aerospace's model.

What critics are saying

  • Competition from other electric aircraft developers could dilute Orb Aerospace's market share.
  • Scaling production to meet demand may be challenging due to limited resources.
  • Dependence on advanced manufacturing contracts makes operations vulnerable to economic fluctuations.

What makes Orb Aerospace unique

  • Orb Aerospace focuses on practical and inclusive aviation solutions, unlike traditional flying taxis.
  • The Orbship fellowship selects candidates based on skills, not educational background.
  • Orb Aerospace's business model is merit-based, emphasizing project portfolios and problem-solving.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

11%

2 year growth

280%

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