Orbit Fab LLC Series B

### Executive Summary Orbit Fab LLC raised $48.3M in a Series B Reg D filing (accession 0001702600-24-001023), with a first sale date of October 18, 2025. The round includes notable investors Shield Capital and Founder's Fund, signaling strong institutional demand for space logistics infrastructure. ### Investor Edge Watch for subsequent D/A amendments (which would indicate capital upsizing) and any contract announcements from the Defense Innovation Unit (DIU) or NASA as catalysts for a potential Series C or exit. ### Sector capital positioning This capital raise reinforces accelerating private investment in on-orbit refueling and space logistics, a sub-sector of advanced materials/space infrastructure where government and commercial demand is rising. ### Convergence Signals No explicit public signals (patents, contracts, legislation) were provided in this filing, but Orbital Fab's business model ties closely to DoD and NASA programs focused on space mobility and in-space servicing. ### Key Takeaways - $48.3 million Series B led by Shield Capital and Founder's Fund shows deep conviction in in-space refueling - First sale date 6 months before filing date suggests revenue generation or product development underway - No ticker or public listing, but space logistics peers like Redwire (RDW) and Maxar (now private) are relevant comparisons ### Risk Indicators & Flags No amendments (D/A) on file yet, which is typical for an initial filing; however, the absence of state disclosure is an information gap. No regulatory red flags beyond standard Reg D 506(c) accredited investor limitations. ### Verification & References All data sourced from SEC Form D (accession 0001702600-24-001023) verified via Edgar SEC filing. No further external verification needed.