What does X-Bow Systems do?
X-Bow Systems is an aerospace company that designs and manufactures advanced solid rocket motors and defense solutions. The company focuses on developing modular rocket systems and small launch vehicles for both orbital and suborbital missions.
How much did they raise?
The company raised over $105M in Series B funding, with Lockheed Martin leading the round. Other participating investors include Razor's Edge Ventures, Crosslink Capital, Balerion Space Ventures, Boeing Ventures, Bravo Victor Venture Capital, Upsher Management Company, Capital Factory Ventures, Arkenstone Capital, and Event Horizon Capital.
What are their plans for the money?
With the new funds, X-Bow Systems plans to expand its operations and accelerate its development efforts. The investment is expected to fuel the advancement and production of next-generation solid rocket motor technologies and launch vehicles.
What have they achieved so far?
X-Bow Systems is already making strides by designing and building a suite of modular solid rocket motors and small launch vehicles, positioning itself as a key player in the defense and aerospace industries.
