ABL Space Systems

About

ABL Space Systems specializes in building rockets to launch satellites.

El Segundo,California,United States
101 - 250
https://www.ablspacesystems.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $200M
Industries: Aerospace,Information Technology,Satellite Communication
Founded date: Aug 1, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: ABL Space Systems Co.

ABL Space Systems was founded by former SpaceX engineering leaders in 2017 to develop low-cost launch vehicles for the small satellite industry. ABL is headquartered in El Segundo, California, where it has 30,000 square feet of facilities for research, development, and production. ABL is a privately-owned corporation backed by a premier group of private equity investors

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$419M

ABL Space Systems has raised a total of $419M in funding over 2 rounds. Their latest funding was raised on Oct 25, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 25, 2021	Series B	$200M	—	—	—	Detail
Mar 25, 2021	Series B	$170M	2	T. Rowe Price	—	Detail
Mar 31, 2020	Series A	$49M	5	Venrock	—	Detail
Jul 22, 2019	Corporate Round	—	1	Lockheed Martin Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

7

ABL Space Systems is funded by 7 investors. T. Rowe Price and Venrock are the most recent investors.

Investor Name	Lead Investor	Funding Round
T. Rowe Price	Yes	Series B
Venrock	Yes	Series A
Fidelity Management and Research Company	—	Series B
JAM Fund	—	Series A
Lockheed Martin Ventures	—	Series A
Lynett Capital	—	Series A
New Science Ventures	—	Series A