X-Bow Raises More Than $70 Million Series B to Accelerate Expansion of Hypersonic and Solid Rocket Motor Technologies
Summary
This private capital will accelerate the rapid growth of its hypersonic-capable vehicles, strategic and tactical scale solid rocket motor programs, and completion of its Luling, TX gigafactory campus. "Razors Edge invests in companies with great leadership teams and differentiated products that solve large, difficult National Security challenges, including defense and space needs. With this funding now secured, X-Bow will accelerate its growth trajectory as the nations third supplier of Solid Rocket Motors and continue in its quest to rapidly innovate and deliver agile, affordable solutions for SRMs, hypersonics and associated adjacent markets. X-Bow is led by CEO Jason Hundley, Chairman Mark Kaufman, CTO Max Vozoff, CRO Maureen Gannon, General Counsel John Leary and a growing team of seasoned industry veterans and new space entrepreneurs. X-Bow is a dual-use technology company with headquarters in Albuquerque, New Mexico, significant production facilities in Texas, and additional presence in California, Alabama, Utah, Colorado and Washington, DC.