LEONID Expands Space Portfolio With a $20MM+ Term Loan to ABL Space Systems

LEONID Expands Space Portfolio With a $20MM+ Term Loan to ABL Space Systems

ABL makes satellite launch vehicles. The RS1 launch vehicle serves satellite missions, including tactically responsive launch, high energy orbits, and constellation deployment. Mobility is a key differentiator. The unique GS0 ground system is modular and transportable, enabling ABL to rapidly build launch sites around the world. The company is based in Los Angeles and backed by top-tier institutional investors.

“ABL Space Systems is doing groundbreaking work to increase domestic launch resiliency and build out ‘responsive launch’ capabilities for the Department of Defense,” said James Parker, Co-Founder of Leonid Capital Partners. “Their dedication to developing mobile and adaptable launch solutions is truly amazing. We’re honored to play a part in helping them achieve their mission.”

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