Based in California, ABL space systems develops low-cost launch vehicles and launch systems for small satellites. The company already has several facilities that can carry out end-to-end production, including 3D printing, precise machining, shaping, and welding. The RS1, which is ABL's flagship vehicle, has a maximum capacity of 1,350kg to low Earth orbit (LEO) and carries a price tag of USD 12 million per launch. RS1 is claimed to be small enough to ease development, production, and operations while being large enough to give a per-satellite launch cost that is a tenth of that of a smaller vehicle costing USD 8,888 per Kg to 200Km LEO. In January 2023 , the company performed the maiden launch of its RS1 rocket, which failed shortly after lift off due to an anomaly.
Key customers and partnerships
As of October 2021, the company had secured contracts with 14 clients across segments such as commercial, defence, intelligence, and science, totalling over 75 launches. The company has also partnered and signed agreements with several institutions including Lockheed Martin, Air Force SMC, Air Force Research Lab, and Airbus Defence and Space.
Funding and financials
In its latest funding round in January 2024 , the company raised USD 40 million in its bid to raise up to USD 100 million.
No investor data is available
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