ABL Space Systems Stock

Low-cost satellite carrier rockets

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About ABL Space Systems Stock

According to ABL Space Systems, the Company designs, builds and operates a low-cost rocket used as a launch vehicle for small satellites called the RS1. The Company also designs and builds its own family of rocket engines, called the E1 and E2. Below are exhibits of ABL Space Systems' engine family and launch vehicle.

ABL Space Systems

Source: ABL Space Systems

According to ABL Space Systems, at a 1,200 kg payload capacity, the RS1 aims to provide meaningfully more payload capacity than many nanosatellite launchers.  The RS1 can carry single large satellites or a combination of many 150kg to 350kg satellites to Low Earth Orbit. Additionally, ABL's launch systems and RS1 launch vehicle are packaged into shipping containers, making the entire launch pad mobile and deployable. For commercial satellite operations, ABL aims to enable the flexibility to launch from any FAA-licensed fixed launch site with ease. For government space resiliency efforts, ABL’s deployable launch system aims to give Department of Defense and Intelligence Community customers the ability to launch satellites from distributed, non-traditional launch sites.

ABL Space Systems has a 20,000 square foot facility for research, development, and production in El Segundo, California and has also established a test site in Camden, Georgia with 10,000 square feet of integration and testing facilities and a 250 acre test site. Moreover, the Company has a private engine test site in Las Cruces, New Mexico.

ABL Space Systems was founded in 2017 and is headquartered in El Segundo, California. The Company has a team of over 20 aerospace engineers with prior experience at SpaceX, Virgin Orbit, Boeing, Lockheed Martin, Pratt + Whitney, and elsewhere.
 
 
For an investor presentation prepared by ABL Space Systems, which includes more details on the Company's business, please see below.

Investors

Funding History

April 2019$25.0M
March 2020$1.7M
March 2020$200K
March 2020$2.7M
March 2020$1.9M
March 2020$12.6M
March 2020$5.1M
March 2021$20.1M
March 2021$150M
October 2021$202M

Management

Chief Executive Officer

Harry O'Hanley

Chief Engineer

Darin Van Pelt

CFO

Dan Piemont

RS1 Director

Jessica Pauly

Director of Hardware Engineering

Ryan Kuhn

Head of Launch

Meagan Roth

ABL Advisory Board, Former CEO of Raytheon

Bill Swanson

ABL Advisory Board, Former VP at Boeing

John Byrne

ABL Advisory Board, Former CEO of Stellex Aerostructures

Ray Benvenuti

Press

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