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About ABL Space Systems
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$584.2M
Headquarters
El Segundo, California
Founded
2017
Overview
ABL Space Systems focuses on providing flexible, reliable, and affordable launch services for small satellites in the aerospace sector. The company offers a fully deployable, containerized launch vehicle and system, allowing for quick launches from various locations. This approach meets the increasing demand for small satellite launches used in communication, earth observation, and scientific research. ABL differentiates itself from competitors by emphasizing its 100% American-made products and commitment to national security, appealing to government and defense clients. The company's goal is to simplify and streamline the process of reaching space, making it more routine and accessible.
Simplify's Take
What believers are saying
- Growing demand for small satellite launches boosts ABL's market potential.
- Strategic investments, like Lockheed Martin's, underscore ABL's growth potential.
- Responsive launch capabilities align with U.S. Department of Defense priorities.
What critics are saying
- RS1 launch failure may impact client confidence and future contracts.
- Pivot to missiles might dilute focus on satellite launch business.
- Increased competition from Rocket Factory Augsburg could affect European market share.
What makes ABL Space Systems unique
- ABL's RS1 rocket offers cost-effective small satellite launches with payloads up to 1,350 kg.
- The GS0 ground system enables rapid, flexible launch site deployment worldwide.
- ABL's 100% American-made products appeal to government and defense clients.
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Funding
Total Funding
$584.1M
Above
Industry Average
Funded Over
6 Rounds
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 11%2 year growth
↑ 13%ABL had been developing a small launch vehicle called RS1 and a mobile ground system designed to fit inside a shipping container, with aspirations to bring truly portable, responsive launch to the market for the first time.
ABL has secured a one-year contract from Petronas to perform rig inspection services for its facilities offshore Indonesia.
WASHINGTON - Scout Space, a startup specializing in space domain awareness through in-space observation, announced June 10 it signed a launch services agreement with ABL Space Systems.
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Leonid Capital Partners (“Leonid”), a leading investment firm focused on high-growth technology companies working in the national security industry, today announced it is providing a new $20MM+ term loan to ABL Space Systems (“ABL”). ABL makes satellite launch vehicles. The RS1 launch vehicle serves satellite missions including tactically responsive launch, high energy orbits and constellation deployment. Mobility is a key differentiator. The unique GS0 ground system is modular and transportable, enabling ABL to rapidly build launch sites around the world. The company is based in Los Angeles and backed by top-tier institutional investors
JAKARTA - ABL Space Systems will resume launching RS1 rockets in the near future.
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About ABL Space Systems
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$584.2M
Headquarters
El Segundo, California
Founded
2017
There are no jobs for ABL Space Systems right now.
Find jobs on Simplify and start your career today