What is ABL Space Systems?
Headquartered in El Segundo, California, ABL Space Systems is dedicated to the design, development, and production of innovative launch vehicles tailored for the burgeoning small satellite market. The company's strategic focus on cost-efficiency and reliability positions it as a key player in the new space economy. ABL's facilities support comprehensive research, development, and manufacturing operations, enabling them to control the entire launch vehicle lifecycle.
How much funding has ABL Space Systems raised?
ABL Space Systems has raised a total of $298M across 3 funding rounds:
Series A
$49M
Other Financing Round
$49M
Series B
$200M
Series A (2020): $49M with participation from Lockheed Martin Ventures, JAM Fund, Venrock, Lynett Capital, and New Science Ventures
Other Financing Round (2020): $49M led by Ethan Batraski, New Science Ventures, Lockheed Martin Ventures, and Lynett Capital
Series B (2021): $200M, investors not publicly disclosed
Key Investors in ABL Space Systems
Lockheed Martin Ventures
Lockheed Martin Ventures is the venture capital arm of Lockheed Martin Corporation, a global leader in aerospace and defense. They invest in companies developing advanced technologies relevant to Lockheed Martin's core businesses, including space, aviation, and defense systems.
New Science Ventures
New Science Ventures (NSV) is a venture capital firm focused on early and late-stage companies in life sciences and information technology. They leverage scientific expertise and networks to invest in innovative solutions addressing significant unmet needs.
Lynett Capital
Lynett Capital is an angel investment firm that supports high-potential technology companies across various industries. They focus on investing in founders with unique solutions to pressing problems and provide comprehensive support for their growth.
What's next for ABL Space Systems?
With substantial backing from a premier group of private equity investors and strategic partners, ABL Space Systems is poised for significant expansion. The recent major strategic investment signals strong confidence in the company's technology and business model. This capital will likely fuel further development of their launch vehicle capabilities, enhance production capacity, and support market entry initiatives, aiming to capture a substantial share of the small satellite launch market.
See full ABL Space Systems company page
