ablspacesystems.comIndustrial / Aerospace & DefenseFounded: 2017Funding to Date: $1.3B
ABL Space Systems manufactures launch vehicles (RS1) and launch systems (GSO) that support a higher frequency, lower cost orbital launch process. ABL Space Systems was founded in 2017 by Darin Van Pelt, Harrison O'Hanley, and Daniel Piemont and is headquartered in El Segundo, CA. The El Segundo, CA campus designs, manufactures, and assembles its products.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/14/2023 | Series C-1 | $40.47MM | $xx.xx | $1.3B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,237,498
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
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10/25/2021 | Series B-2 | $201.97MM | $xx.xx | $2.39B | T. Rowe Price, Fidelity | |
Price per Share
$xx.xx
Shares Outstanding
2,970,318
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Fidelity
|
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03/25/2021 | Series B-1 | $20.11MM | $xx.xx | $1.39B | T. Rowe Price, Fidelity | |
Price per Share
$xx.xx
Shares Outstanding
1,656,291
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Fidelity
|
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03/25/2021 | Series B | $150MM | $xx.xx | $1.39B | T. Rowe Price, Fidelity | |
Price per Share
$xx.xx
Shares Outstanding
3,330,678
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Fidelity
|
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03/23/2020 | Series A-6 | $5.09MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,291,991
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
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03/23/2020 | Series A-5 | $12.59MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,576,867
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
||||||
03/23/2020 | Series A-4 | $1.94MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
578,824
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
||||||
03/23/2020 | Series A-3 | $2.74MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,090,015
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
||||||
03/23/2020 | Series A-2 | $199,997 | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
95,478
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
||||||
03/23/2020 | Series A-1 | $1.68MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,002,494
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|
||||||
03/23/2020 | Series A | $25MM | $xx.xx | $138.61MM | Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,447,821
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bells Ventures, Venrock, Lynett Capital, Lockheed Martin Ventures, New Science Ventures
|