ABL Space Systems

ABL Space Systems

Provides flexible and affordable satellite launch services

About ABL Space Systems

Simplify's Rating
Why ABL Space Systems is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Aerospace

Defense

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$548.8M

Headquarters

El Segundo, California

Founded

2017

Overview

ABL Space Systems focuses on providing flexible, reliable, and affordable launch services for small satellites. The company offers a containerized launch vehicle and system that allows for quick launches from various locations, catering to clients like the U.S. Air Force Research Laboratory and Airbus Defence and Space. ABL differentiates itself by being 100% American-made, appealing to government and defense sectors that value national security and domestic manufacturing. The goal of ABL Space Systems is to simplify and streamline the process of reaching space, making it more accessible and routine for a range of applications, including communication and scientific research.

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Significant Headcount Growth
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Funded Recently
Simplify Jobs

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

$548.8M

Above

Industry Average

Funded Over

6 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

13%

2 year growth

17%
TechCrunch
Nov 15th, 2024
After raising nearly half a billion dollars, ABL Space pivots from launch vehicles to missiles

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.

Offshore Magazine
Jul 2nd, 2024
ABL providing rig inspection services to Petronas offshore Indonesia

ABL has secured a one-year contract from Petronas to perform rig inspection services for its facilities offshore Indonesia.

SpaceNews
Jun 10th, 2024
Scout Space telescope to hitch a ride on ABL rocket

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.

Business Wire
May 1st, 2024
Leonid Capital Partners Expands Space Portfolio, Provides $20Mm+ Term Loan To 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

VOI
Apr 29th, 2024
Once Failed, ABL Space Systems Will Launch RS1 For The Second Time

JAKARTA - ABL Space Systems will resume launching RS1 rockets in the near future.

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