Funding Details
- Awarder
- RSS - spaceimpulse.com
- Date Award
- July 10, 2024
- Vertical
- Rocket Motor and Hypersonic Tech
- Funding URL
- View Funding Page
Company Info
- Organizations Involved
- Razor’s Edge, Lockheed Martin Ventures, Boeing Ventures, Crosslink Capital, Balerion Space Ventures
- Founders
- Jason Hundley
- Company Description
- X-Bow Systems Inc., a key player in advanced solid rocket motor (SRM) and hypersonic technologies, announced it has raised over $70 million in its Series B financing. This funding will speed up the growth of its hypersonic vehicles and solid rocket motor programs. It will also support the completion of X-Bow’s new gigafactory in Luling, Texas, and the expansion of its R&D facilities in New Mexico to address critical industrial and defense needs.
- Market
- Defense
- Location
-
Luling,
Texas,
US
- Coinvestors
- Razor’s Edge, Lockheed Martin Ventures, Boeing Ventures, Crosslink Capital, Balerion Space Ventures
Links