X-Bow Systems

Overview
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Space Travel and Exploration Tech?
Next-gen Satellites?
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Go-to-Market
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Space travel and space launch
?

X-Bow Systems Inc. (pronounced "cross-bow") is a space technology company that produces cost-effective 3D-printed solid rocket energetics by applying additive manufacturing techniques. The startup also designs and manufactures modular solid rocket motors and small launch vehicles for orbital and suborbital launch services. X-Bow Systems also offer propellers, motors, and full launch services to both government and commercial space customers.

In March 2022, X-Bow Systems exited stealth mode and revealed its 3D-printed solid rocket motors. In July 2022, the company successfully launched its modular boost rocket, Bolt, for the first time, carrying a payload for the Department of Energy’s Los Alamos National Laboratory (LANL).

X-Bow Systems acquired Spencer Composites Corporation, a manufacturer of composite and metallic structures, in July 2024, receiving key patents and a ~50,000 sq ft manufacturing space to ensure a seamless supply of components for the company’s rocket programs.

The company launched its third Bolt rocket featuring the XB-32 motor for the Commercial Mission-1 in October 2024.

Key customers and partnerships

X-Bow Systems had already secured contracts from the Los Alamos and Sandia National Labs and Defense Research Projects Agency (DARPA) when it emerged from stealth in March 2022.

In April 2023, the company entered a 20-year partnership with the Naval Surface Warfare Center Indian Head Division (NSWC IHD) to develop solid propellant rocket systems for commercial and warfighter needs. In the same month, it also received a USD 60 million Strategic Funding Increase (STRATFI) agreement from AFWERX.

X-Bow Systems received a three-year contract from the US AFRL in October 2023 to optimize the technology for rocket motor propellants to improve affordability and production speed.

HQ location:
6200 Uptown Blvd NE Suite 200 Albuquerque NM USA
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 159.8 mn
Last Funding:
USD 70.0 mn (Series B; Jul 2024)
Last valuation:
-
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