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X-Bow Systems Closes Funding From Lockheed Martin Ventures And Company Insiders

Nov 16, 2023•about 2 years ago
AlbuquerqueManufacturing

Investors

Capital FactoryBravo Victor Venture CapitalBalerion Spacen VenturesRazor's Edge VenturesCrosslink CapitalLockheed Martin Ventures

Description

X-Bow Systems Inc (X-Bow), America's low-cost hypersonics provider announced the close of an interim funding round led by Lockheed Martin Ventures the venture arm of Lockheed Martin Corporation (NYSE: LMT). Investors included, Crosslink Capital, Razor's Edge Ventures, Balerion Spacen Ventures, Bravo Victor Venture Capital, and Capital Factory.

Company Information

Company

X-Bow Systems

Location

Albuquerque, New Mexico, United States

About

X-Bow Systems (“X-Bow”) is an American startup defense technology company. Our solid rocket motor manufacturing technology, combined with our sub-orbital launch and modular boost platforms, make us a disruptive supplier to the defense and national security industries.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers