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- WASHINGTON — A small launch vehicle company is increasing its vehicle’s payload capacity and reducing its price as it seeks to find a niche in a crowded market. ABL Space Systems plans to announce Feb. 1 that it is offering an upgraded version of the RS1 rocket at a price of $12 million a launch, down from an earlier price of $17 million.
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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.
- Aria Alamalhodaei
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.
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.
- Rachel Jewett
Oct 25, 2021 · EL SEGUNDO, Calif., Oct. 25, 2021 /PRNewswire/ -- ABL Space Systems has closed a $200 million expansion of its Series B investment round, bringing the company's valuation to $2.4 billion.
Oct 25, 2021 · ABL Space Systems has closed a $200 million expansion of its Series B investment round, bringing the company’s valuation to $2.4 billion. The round was led by and comprised of ABL’s...
May 1, 2024 · ABL Space Systems has raised $544.15M over 8 rounds. ABL Space Systems's latest funding round was a Loan for $20M on May 1, 2024. ABL Space Systems's valuation in October 2021 was $2,400M. ABL Space Systems's latest post-money valuation is from October 2021.
