El Segundo, CA – According to filings with the U.S. Securities and Exchange Commission, ABL Space Systems is raising $49,235,281.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Daniel Piemont played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ABL Space Systems

ABL Space Systems was founded by former SpaceX engineering leaders in 2017 to develop low-cost launch vehicles for the small satellite industry. ABL is headquartered in El Segundo, California, where it has 30,000 square feet of facilities for research, development, and production. ABL has established a test site in St. Marys, Georgia with 10,000 square feet of integration and testing facilities on a 200 acre site. ABL is a team of over 20 world-class aerospace engineers with experience at SpaceX, Virgin Orbit, Boeing, Lockheed Martin, Pratt + Whitney, and elsewhere. ABL is a privately-owned corporation backed by a premier group of private equity investors.

To learn more about ABL Space Systems, visit http://www.ablspacesystems.com/

Contact:
Daniel Piemont, Chief Financial Officer
908-403-3287
https://www.linkedin.com/in/dan-piemont-4581741a/

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