ABL Space raises $200 million, raising value to $2.4 billion

The low-cost launcher ABL Space Systems raised $200 million in additional funding from its existing investors, bringing its valuation to …
ABL Space raises $200 million, raising value to $2.4 billion

The low-cost launcher ABL Space Systems raised $200 million in additional funding from its existing investors, bringing its valuation to $2.4 billion. The company said it intends to use the capital raised to scale production of its RS1 launch vehicle and for research and development, but it did not disclose further details.

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