X-Bow Systems
Assembly Line
X-Bow Raises More Than $70 Million Series B to Accelerate Expansion of Hypersonic and Solid Rocket Motor Technologies
X-Bow Systems Inc. (X-Bow), the nation’s leading non-traditional producer of advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, announced the successful completion of the initial close of its Series B financing, raising over $70 million. 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. The company will also be expanding its engineering and R&D facilities across New Mexico. The round was led by National Security technology-focused growth equity firm Razor’s Edge, with additional participation from Lockheed Martin Ventures, Boeing Ventures, Crosslink Capital and Balerion Space Ventures.
With this funding now secured, X-Bow will accelerate its growth trajectory as the nation’s 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.