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INDUSTRY FIRST

X-Bow Systems, Leading 3D Printed Solid Rocket Motor Company, Raises $ 27M Series A Round

Apr 26, 2022over 3 years ago

Amount Raised

$27 Million

Round Type

series a

Albuquerque

Description

X-Bow Systems Inc. (X-Bow), a U.S.-based space technology company applying revolutionary additive manufacturing techniques to the production of solid rocket energetics, announced today that it has closed a $27 million Series A investment round. The round closes ahead of X-Bow's static fire test of its 32" diameter 'Ballesta' solid rocket motor and subsequent launch at White Sands Missile Range, N.M. This will be the first large-diameter scale motor designed and tested by a non-legacy systems integrator supplier in over 30 years, bringing innovation to the sector from a modern technology competitor.

Company Information

Company

X Bow Systems

Location

Albuquerque, New Mexico, United States

About

X-Bow Systems (X-Bow) is disrupting the aerospace industry with innovative and cost-effective additively manufactured energetics for the solid rocket motor and launch vehicle market. X-Bow is also designing and building a suite of modular solid rocket motors and small launch vehicles for both orbital and suborbital launch services. X-Bow is led by CEO Jason Hundley, Chairman Mark Kaufman, CTO Max Vozoff, CFO Yasmin Seyal, CRO Maureen Gannon, General Counsel John Leary and a growing team of seasoned industry veterans and new space entrepreneurs. Headquartered in Albuquerque, New Mexico, X-Bow has additional presence in California, Alabama, Colorado, Texas, and Washington DC. X-Bow is actively recruiting talented and determined individuals to join its team. For more information visit www.xbowsystems.com

FundzWatch™ Score

85
Medium Activity

Funding Insights

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