The Lockheed Martin-backed satellite launch system developer has now raised at least $219m of funding ahead of its first official launch.

ABL Space Systems, a US-based satellite launch vehicle developer backed by aerospace and defence manufacturer Lockheed Martin, has received $170m in a series B round valuing it at $1.3bn. The round was led by funds and accounts advised by investment management firm T Rowe Price Associates and also featured investment and financial services group Fidelity…

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