Smallsat launch startup ABL Space Systems raises $49M, books 3-year USAF contracts totaling $44.5M

by Peter B. de Selding

PARIS — Startup small-satellite launch service provider ABL Space Systems said it had won two contracts valued at $44.5 million over three years with the U.S. Air Force that, combined with a $49 million funding round, gives it enough cash to conduct three demonstration launches in 2021.

California-based ABL has begun testing its RS1 rocket’s second stage at Edwards Air Force Base, California and said it long-duration testing will be done by October. The first demonstration launch is scheduled to occur by . . .

To view the entire article, become a subscriber!

You may also like

Free one week full access pass

Curious what being a member of SpaceIntelReport is like?  We have a free one week access pass, just for you.