A couple of updates on the launch failures this week.
ABL Space reports that all nine E2 engines on the RS1 rocket’s first stage failed simultaneously shortly after liftoff from the Pacific Spaceport Complex – Alaska on Tuesday. The rocket fell back on its launch pad and exploded, resulting in significant damage but no injuries, the company said.
During the first seven months of the year, five new satellite launch vehicles from Europe, China, Russia and South Korea flew successfully for the first time. As impressive as that is, it was a mere opening act to a busy period that could see at least 20 additional launchers debut around the world.
On Christmas Day 2021, an European Ariane 5 rocket roared off its launch pad in French Guiana with the most expensive payload the booster had ever carried, the $10 billion James Webb Space Telescope. The launcher performed perfectly, sending the most powerful space telescope on a journey to its final destination 1.5 million km (900 million miles) from Earth. The launch was so accurate that Webb should have sufficient propellant to perform science operations for much longer than its planned 10-year lifetime.
There was a collective sigh of relief among the European, American and Canadian scientists and engineers involved in the long-delayed program. It was a superb Christmas gift to a world suffering through the second year of the deadly COVID-19 pandemic.
Lockheed Martin UK welcomes the approval from Shetland Islands Council to build the SaxaVord spaceport that will allow the company to deliver the UK’s first ever vertical space launch.
Harwell, Oxford, UK, February 28, 2022 (Lockheed Martin PR) – Lockheed Martin UK welcomes the approval from Shetland Islands Council to build the SaxaVord spaceport that will allow the company to deliver the UK’s first ever vertical space launch.
Amazon’s Project Kuiper will launch two satellites by Q4 2022 on ABL Space Systems’ all-new RS1 rocket.
SEATTLE (Amazon PR) — Amazon continues to make progress on Project Kuiper, a low Earth orbit (LEO) satellite constellation that will provide fast, affordable broadband to unserved and underserved communities around the world. This is a major, long-term initiative, and today we’re excited to share plans to launch and deploy our first satellites.
EL SEGUNDO, Calif. (ABL Space Systems PR) — ABL Space Systems has closed a $200 million expansion of its Series B investment round, bringing the company’s valuation to $2.4 billion. The round was led by and comprised of ABL’s existing investor syndicate. ABL has now raised a total of $420 million since founding.
ABL is serving a large manifest of active contracts with fourteen distinct customers across the commercial, defense, intelligence, and science sectors totaling over 75 launches, not including non-binding memoranda or letters of interest.
The funding will be used to scale production of the RS1 launch vehicle and to conduct research and development of future systems.
About ABL Space Systems
Founded in 2017, ABL develops low-cost launch vehicles and launch systems for the small satellite industry. ABL is headquartered in El Segundo, California, U.S. To learn more, visit www.ablspacesystems.com.
DENVER and EL SEGUNDO, Calif., April 5, 2021 (Lockheed Martin/ABL Space Systems PR) — ABL Space Systems will provide Lockheed Martin [NYSE: LMT] with routine launches of RS1 rockets to accelerate payload technologies into orbit. Lockheed Martin will purchase up to 26 vehicles through 2025 and then up to 32 additional launches through 2029. Launches could use a network of U.S. and international launch sites, including Vandenberg Space Force Base, Cape Canaveral Space Force Station and in the United Kingdom.
EL SEGUNDO, Calif., March 25, 2021 (ABL Space Systems PR)– ABL Space Systems has closed a Series B investment round of $170 million at a valuation of $1.3 billion. The round was led by funds and accounts advised by T. Rowe Price Associates, Inc. Participation in the round included existing ABL investors and new investments by Fidelity Management & Research LLC and an unnamed third global investment management firm.