X-Bow Systems (Series B)

Founding Year: 2016
Traction: X-Bow Systems has raised a total of $105 million in Series B funding, with significant investment from Lockheed Martin, indicating strong interest and confidence in their technology and market potential.
Organizations Involved: Lockheed Martin
Founders: Jason Hundley
Company Description: X-Bow Systems is a startup that builds solid rocket motors and specializes in solid rocket propulsion and small launch vehicles. The company uses proprietary 3D printing techniques to manufacture motors and propellant formulations, which allows for reduced lead times and costs compared to conventional production.
Market: Defense and Military
Location: Albuquerque, New Mexico, United States
Coinvestors: Razor’s Edge Ventures, Crosslink Capital, Balerion Space Ventures, Boeing Ventures, Bravo Victor Venture Capital, Upsher Management Company, Capital Factory Ventures, Arkenstone Capital, Event Horizon Capital