Total amount raised
$479 Millions
Latest funding date
04/01/2024
Location
ABL Space Systems is making strides in the aerospace industry with its innovative launch vehicles and ground systems. The company is dedicated to providing reliable and regular launches without over-design or gimmicks.
Keep reading to explore the intricacies of ABL Space Systems' fundraising journey and the investors backing this pioneering company.
What Is ABL Space Systems?
ABL Space Systems operates in the aerospace and space launch services industry, providing low-cost, flexible launch solutions for small satellites. The company is based in El Segundo, California.
ABL Space Systems specializes in the RS1 launch vehicle, capable of launching 1,350kg of payload, and the GS0 ground system, a containerized launch system deployable globally. The company emphasizes reliability, regular launches, and cost-efficiency.
How Much Funding Has ABL Space Systems Raised?
- Funding Round: Corporate Round
- Amount Raised: -
- Date: July 2019
- Lead Investors: Lockheed Martin Ventures
- Funding Round: Series A
- Amount Raised: $49M
- Date: March 2020
- Lead Investors: Venrock
- Funding Round: Series B
- Amount Raised: $170M
- Date: March 2021
- Lead Investors: T. Rowe Price
- Funding Round: Series B
- Amount Raised: $200M
- Date: October 2021
- Lead Investors: -
- Funding Round: Funding Round
- Amount Raised: $40M
- Date: December 2023
- Lead Investors: -
- Funding Round: Debt Financing
- Amount Raised: $20M
- Date: April 2024
- Lead Investors: Leonid Capital Partners
ABL Space Systems has raised a total of $479M in funding.
Key Investors
- Lockheed Martin Ventures
- Details: Lockheed Martin Ventures is the venture capital arm of Lockheed Martin Corporation, a global aerospace, defense, and security company. They invest in companies developing cutting-edge technologies that align with Lockheed Martin's strategic interests.
- Investment Focus Areas: Aerospace, defense, cybersecurity
- Notable Investments: Terran Orbital, Red 6, Ocean Aero
- Venrock
- Details: Venrock is a venture capital firm originally established as the venture arm of the Rockefeller family. They focus on early-stage and growth investments in technology and healthcare sectors.
- Investment Focus Areas: Healthcare, technology, energy
- Notable Investments: Apple, Intel, Illumina
- T. Rowe Price
- Details: T. Rowe Price is a global investment management firm that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors.
- Investment Focus Areas: Financial services, technology, healthcare
- Notable Investments: Tesla, Amazon, Google
- Leonid Capital Partners
- Details: Leonid Capital Partners is a private investment firm that provides debt financing solutions to high-growth companies. They focus on supporting companies with strong growth potential and innovative business models.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Not publicly disclosed
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