Its new plan? Focusing on missile defense. The founder and president of ABL Space Systems, Dan Piemont, announced the decision on LinkedIn, adding, "We're consolidating our operational footprint ...
This growth has come at a considerable cost: In total, ABL Space has raised $461 million, with over half of that coming in via a $372 million Series B round in 2021 that valued the company at $2.4 ...
ABL Space Systems is dropping plans to compete in the launch market and is switching its focus to missile programs for U.S. national defense. ABL, founded in 2017, had attempted to reach orbit ...
ABL Space Systems said that a fire broke out after an aborted static-fire test in July fed by fuel leaking from two first stage engines. Credit: ABL Space Systems WASHINGTON — ABL Space Systems ...
Following a failed debut launch and loss of its second rocket in a fire, startup ABL Space Systems said Nov. 15 it was pulling out of the commercial satellite launch market to focus on ballistic ...