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1. newspaceeconomy.ca › 2024/09/03 › abl-space-systemsABL Space Systems Downsizes Workforce Amid Launch Setbacks

   newspaceeconomy.ca › 2024/09/03 › abl-space-systems

   Sep 3, 2024 · Rocket startup ABL Space Systems has recently announced a significant workforce reduction, citing the need to cut costs and adapt to a changing market environment. The layoffs come on the heels of two consecutive launch failures that have dealt a blow to the company's ambitious plans.

2. spacenews.com › fire-fed-by-leaking-enginesFire, fed by leaking engines, destroyed ABL Space Systems ...

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   WASHINGTON — ABL Space Systems said it lost its second RS1 rocket after a static-fire test when a fire broke out under the vehicle fed by leaking fuel that could not be extinguished by pad...

3. Videos

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     ABL Space Systems | LinkedIn

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     ABL Space Systems RS1 Rocket Engine Test

     14 Sep 2024

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     Space News: Outpost Award, ABL Announcement, Relativity Space Printing Problems & Lumen Orbit

     8 Sep 2024

     133 views

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4. ablspacesystems.com › newsNews - ABL Space Systems

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   Scout Space Taps ABL for Tech Demo Launch. Payload. 06.10.2024. Scout Space is planning to send its first standalone spacecraft to orbit aboard the third flight of ABL’s RS1 rocket this year, the space domain awareness startup announced today.

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5. finance.yahoo.com › news › regulatory-filing-revealsRegulatory filing reveals ABL Space Systems targeting $100M ...

   finance.yahoo.com › news › regulatory-filing-reveals

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   Jan 9, 2024 · ABL Space Systems is looking to raise up to $100 million in new funding, and has just closed over $40 million, according to a new filing with the U.S. Securities and Exchange Commission.

   • Author: Aria Alamalhodaei

6. www.space.com › abl-space-systems-rs1-rocketABL Space System's 2nd RS1 rocket destroyed during preflight ...

   www.space.com › abl-space-systems-rs1-rocket

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   Jul 23, 2024 · A fire at the launch pad shortly after an engine test "caused irrecoverable damage" to ABL Space Systems' second RS1 rocket, the company announced on Monday (July 22).

7. aviationweek.com › space › commercial-spaceStartup ABL Space Reduces Workforce | Aviation Week Network

   aviationweek.com › space › commercial-space

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   Sep 3, 2024 · Aiming to pare costs and reorganize its small-satellite launch business, startup ABL Space Systems has cut an undisclosed percentage of its workforce as it attempts to recover from a...

8. People also ask

   How much is ABL Space Systems worth?

   • ABL performs RS1 integrated stage test. Photo: ABL Smallsat launcher in development ABL Space Systems has closed a $200 million expansion of its Series B investment round raising the company’s valuation from $1.3 billion to $2.4 billion. The company initially raised $170 million in a Series B funding round this past March.

   ABL Space Systems Nearly Doubles Valuation After Closing Additional S…

   www.satellitetoday.com/finance/2021/10/27/abl-space-systems-nearly-doubles-valuation-after-closing-additional-series-b-funding/

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   Who is an investor in ABL Space Systems?

   • Lockheed is an investor in ABL Space Systems. The launch contract for the Cryogenic Demonstration Mission is separate from a block buy of up to 58 RS1 launches Lockheed made in April.

   ABL Space Systems to launch NASA technology demonstration mission

   spacenews.com/abl-space-systems-to-launch-nasa-technology-demonstration-mission/

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   Will ABL Space Systems launch RS1 rocket?

   • ABL Space Systems will have to wait a while to conduct its second-ever orbital launch. The California-based startup has been prepping its RS1 rocket for a test flight, which will lift off from the Pacific Spaceport Complex in Alaska. But that vehicle is no longer in any condition to earn its wings.

   ABL Space System's 2nd RS1 rocket destroyed during preflight testing

   www.space.com/abl-space-systems-rs1-rocket-destroyed-preflight-testing

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   What's new at ABL Space Systems?

   • ABL Space Systems has recently appointed Kevin Sagis to the newly created position of Chief Product Officer and Enterprise Chief Engineer. He will direct ABL’s execution strategy and technical program roadmap, as well as manage technical risk through flight.

   News — ABL Space Systems

   ablspacesystems.com/news/

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   Why has ABL Space Systems been quiet?

   • ABL Space Systems has been quiet since their first launch attempt in January resulted in the rocket crashing back down to Earth a little over 10 seconds after liftoff. Now we know why: They have been very, very, very busy.

   News — ABL Space Systems

   ablspacesystems.com/news/

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   How much money did ABL invest in Rocket Lab & Virgin Orbit?

   • For comparison, Rocket Lab went public with a $4.1 billion valuation, and Virgin Orbit is in the process of going public with a $3.2 billion valuation. This brings ABL’s total funding to $420 million. The Series B round was first announced in March 2021, at $170 million. The company said existing investors participated in the round.

   ABL Space Systems Nearly Doubles Valuation After Closing Additional S…

   www.satellitetoday.com/finance/2021/10/27/abl-space-systems-nearly-doubles-valuation-after-closing-additional-series-b-funding/

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9. www.satellitetoday.com › finance › 2021/10/27ABL Space Systems Nearly Doubles Valuation After Closing ...

   www.satellitetoday.com › finance › 2021/10/27

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   Oct 27, 2021 · Smallsat launcher in development ABL Space Systems has closed a $200 million expansion of its Series B investment round raising the company’s valuation from $1.3 billion to $2.4 billion. The company initially raised $170 million in a Series B funding round this past March.