ABL Space Systems - About the company
ABL Space Systems is a series B company based in El Segundo (United States), founded in 2017 by Harry O Hanley and Darin Van Pelt. It operates as a Developer of containerized launch system and small satellite launch vehicle. ABL Space Systems has raised $482M in funding from investors like T. Rowe Price, Fidelity Investments and Lockheed Martin, with a current valuation of $2.4B.
Sectors and market segments that ABL Space Systems operate in
ABL Space Systems serves in the Aerospace, Maritime and Defense Tech market segments.The primary business model of ABL Space Systems is:Company Details
Developer of containerized launch system and small satellite launch vehicle. The company provides launch capabilities from prepared sites. It focuses on providing responsive and reliable access to space. The company manufactures engines optimized for rapid assembly and scalability.
- Website
- ablspacesystems.com
- Email ID
- *****@ablspacesystems.com
- Registered Address
- El Segundo, California
Key Metrics
Founded Year
2017
Location
El Segundo, United States
Stage
Series B
Total Funding
$482M in 7 rounds
Latest Funding Round
Post Money Valuation
$2.4B as on Oct 25, 2021
Investors
Ranked
1st among 1 active competitor
Employee Count
55 as on Mar 31, 2026
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Legal entities associated with ABL Space Systems
ABL Space Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ABL SPACE SYSTEMS COMPANY CIN: 822402259 , United States, Active | Aug 02, 2017 | - | 139 (As on Dec 31, 2024) | - |
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ABL Space Systems's funding and investors
ABL Space Systems has raised a total funding of $482M over 7 rounds. Its first funding round was on Jul 23, 2019. Its latest funding round was a Conventional Debt round on May 01, 2024 for $20M. 1 investor participated in its latest round. ABL Space Systems has 14 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of ABL Space Systems:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2024 | $20M | Conventional Debt | - | - | - | |
Dec 14, 2023 | $40.6M | Series B | - | - | - | - |
Oct 22, 2021 | $202M | Series B | $2.4B | - | - |
View details of ABL Space Systems's funding rounds and investors
ABL Space Systems' founders and board of directors
Founder? Claim ProfileThe founders of ABL Space Systems are Harry O Hanley and Darin Van Pelt.
Here are the details of ABL Space Systems' key team members:
- Harry O Hanley: Former Co-Founder & CEO of ABL Space Systems.
- Darin Van Pelt: Former Co-Founder of ABL Space Systems. Contact Info: 1 email address
View details of ABL Space Systems's Founder profiles and Board Members
ABL Space Systems' employee count trend
ABL Space Systems has 55 employees as of Mar 26. Here is ABL Space Systems's employee count trend over the years:
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ABL Space Systems's Competitors and alternates
Top competitors of ABL Space Systems include Beyond Earth. Here is the list of Top 10 competitors of ABL Space Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ABL Space Systems 2017, El Segundo (United States), Series B | Developer of containerized launch system and small satellite launch vehicle | $482M | 63/100 | |
2nd | Beyond Earth 2018, Colombia, Deadpooled | Manufacturer of mobile satellite | - | - | 15/100 |
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ABL Space Systems's Investments and acquisitions
ABL Space Systems has made no investments or acquisitions yet.
News related to ABL Space Systems
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Printed Circuit Board Market for Electric Vehicles OutlookGlobeNewswire•Feb 24, 2025•ABL Space Systems, tZERO, PhonePe, Compeq Manufacturing and 11 others
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ABL Space exits commercial launch market, shifts focus to missile defenseSpaceNews•Nov 15, 2024•ABL Space Systems
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Regulatory filing reveals ABL Space Systems targeting $100M in new fundingTechCrunch+•Jan 09, 2024•ABL Space Systems
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ABL Space Systems updates progress towards second RS1 launch | GVSGlobal Village Space•Oct 27, 2023•ABL Space Systems
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ABL Space Systems selected for million$ tactical space STRATFISatNews•Mar 27, 2023•AFWERX, ABL Space Systems
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