Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
May 1, 2024	Debt	$20.0M	—	Leonid Capital Partners	—	Reported
Dec 14, 2023	Undisclosed	$40.6M	—	—	—	Confirmed
Oct 25, 2021	Series B	$200M	$2.40B?	—	Fidelity Management & Research Company, Lockheed Martin Ventures, T. Rowe Price, Venrock	Confirmed
Mar 25, 2021	Series B	$170M	$1.30B?	T. Rowe Price	Fidelity Management & Research Company	Confirmed
Dec 9, 2020	Debt	$20.0M	—	—	—	Confirmed
Mar 6, 2020	Series A	$49.0M	—	Venrock	Lockheed Martin Ventures	Confirmed
Jul 22, 2019	Strategic	Undisclosed	—	Lockheed Martin Ventures	—	Reported

Debt
Led by Leonid Capital Partners
$20.0M
May 1, 2024
Undisclosed
Confirmed
$40.6M
Dec 14, 2023
Series B
With Fidelity Management & Research Company, Lockheed Martin Ventures, T. Rowe Price, Venrock
Valuation $2.40B?
Confirmed
$200M
Oct 25, 2021
Series B
Led by T. Rowe Price
With Fidelity Management & Research Company
Valuation $1.30B?
Confirmed
$170M
Mar 25, 2021
Debt
Confirmed
$20.0M
Dec 9, 2020
Series A
Led by Venrock
With Lockheed Martin Ventures
Confirmed
$49.0M
Mar 6, 2020
Strategic
Led by Lockheed Martin Ventures
Undisclosed
Jul 22, 2019

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems3

E2

A rocket engine developed for the RS1 launch vehicle.

Maturity not rated

GS0

A containerized ground-support system for launch operations.

Maturity not rated

RS1

A small-satellite launch vehicle.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

People3

All 3 people →

Daniel Piemont · LinkedIn ↗
Founder, President, and CFO
Darin Pelt · LinkedIn ↗
Co-founder and Chief Engineer
Harry O'Hanley · LinkedIn ↗
Co-founder and CEO

Sources16

Show all 16 sources and supporting evidence

Profile3

1
DatabaseSixth-Domain public startups directory
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "d921fa03-e963-4039-a423-f4f6be0793e0"}”
2
DatabaseABL Space Systems - LinkedIn company profile
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“employee_range: 201-500 (profile: 201-500 employees)”
3
DatabaseABL Space Systems - Owler company profile
Owler · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“employee_range: 201-500 (profile: 250 - 500)”

Systems1

4
CompanyHome — ABL Space Systems
ABL Space Systems · Supports Organization · description, Organization · name, Organization · website, System
“ABL Space Systems is a company based in El Segundo, California, focused on launch vehicle and launch systems technology development.”

Funding11

5
NewsLeonid Capital Partners Expands Space Portfolio, Provides $20MM+ Term Loan to ABL Space Systems
Business Wire · May 1, 2024 · Supports Funding round · amount
“providing a new $20MM+ term loan to ABL Space Systems”
6
NewsRegulatory filing reveals ABL Space Systems targeting $100M in new funding
TechCrunch · Jan 8, 2024 · Supports Funding round
“has just closed over $40 million, according to a new filing”
7
Regulatory filingABL Space Systems Co - SEC Form D (0000950172-23-000191)
U.S. Securities and Exchange Commission · Dec 29, 2023 · Supports Funding round · amount
“Total Amount Sold $ 40,647,657 USD”
8
Regulatory filingABL Space Systems Co - SEC Form D (0000950172-21-000129)
U.S. Securities and Exchange Commission · Oct 26, 2021 · Supports Funding round · amount
“Total Amount Sold $ 201,970,040 USD”
9
CompanyABL Space raises $200 million of fresh capital, increases valuation to $2.4 billion
PR Newswire · Oct 25, 2021 · Supports Funding round · amount, Funding round · post money valuation usd, Organization · ownership
“has closed a $200 million expansion of its Series B investment round”
10
Regulatory filingABL Space Systems Co - SEC Form D (0000950172-21-000047)
U.S. Securities and Exchange Commission · Apr 5, 2021 · Supports Funding round · amount
“Total Amount Sold $ 170,113,908 USD”
11
NewsABL Space Systems raises $170 million
SpaceNews · Mar 25, 2021 · Supports Funding round · amount, Funding round · post money valuation usd
“announced March 25 it raised $170 million in funding”
12
Regulatory filingABL Space Systems Co - SEC Form D (0001567619-20-021521)
U.S. Securities and Exchange Commission · Dec 23, 2020 · Supports Funding round · amount
“Total Amount Sold $ 20,000,000 USD”
13
NewsSmall Satellite Launch Startup ABL Space System Raises $49M, First Mission Set for 2021
dot.LA · Aug 3, 2020 · Supports Funding round · amount
“another $49 million in private funds led by Ethan Batraski at Venrock”
14
Regulatory filingABL Space Systems Co - SEC Form D (0001567619-20-006876)
U.S. Securities and Exchange Commission · Mar 23, 2020 · Supports Funding round · amount
“Total Amount Sold $ 47,540,533 USD”
15
NewsLockheed Martin invests in small launch vehicle startup ABL Space Systems
SpaceNews · Jul 23, 2019 · Supports Funding round
“closed a “strategic investment” from Lockheed Martin Ventures”

People1

16
DatabaseABL Space Systems - Crunchbase company profile
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role
“employee_range: 201-500 (profile: 251-500)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.