WATCH: Orbital Assembly Corp. Hits $1M Fundraising Goal, Aims to Have Luxury Space Hotel Open In 2027

By  //  February 28, 2021

Orbital Assembly Corp., a California-based startup that wants to pioneer construction and infrastructure in outer space, has hit its $1 million fundraising goal and aims to open an operational luxury hotel in orbit in 2027. (FoxBusiness.com image)

(FoxBusiness.com) — Orbital Assembly Corp., a California-based startup that wants to pioneer construction and infrastructure in outer space, has hit its $1 million fundraising goal and aims to open an operational luxury hotel in orbit in 2027.

The enterprise bills itself as the “world’s first large-scale space construction company” and wants to produce everything from space tourism to fuel depots, telecommunications satellites and solar power stations “in low Earth orbit and beyond.”

Orbital says it will use robots to construct modular structures in the sky.

Its planned Voyager Station is designed to accommodate 400 people at a time and will have artificial gravity roughly as strong as the moon’s.

A stay in space will offer a low-gravity gymnasium and private spacewalks, but it won’t come cheap. Orbital estimates that recreational space travelers will have to have a net worth of nearly $50 million.

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