ABL Space Systems

ABL Space Systems is an American aerospace private company specializing in developing and manufacturing launch vehicles and systems.

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ABL Space Systems is a rocket startup that specializes in the production of low-cost small satellite launch vehicles. The company has made significant strides in recent years, securing a valuation of $2.4 billion after raising $200 million in fresh capital from its existing investors. ABL Space Systems has been particularly active since its first launch attempt, which resulted in the rocket crashing back down to Earth a little over 10 seconds after lift-off. Despite this setback, the company has been very busy, making improvements and preparing for its second RS1 launch.

 

ABL Space Systems has also signed a long-term agreement for multiple launches with Lockheed Martin, agreeing to provide the defense giant with as many as 58 rockets through the end of the decade.

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