Launch Company Shifts to Missile Defense
This is a news story, published by Ars Technica, that relates primarily to Dan Piemont news.
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launch industryArs Technica
•As ABL Space departs launch, the 1-ton rocket wars have a clear winner
77% Informative
ABL Space Systems, founded in 2017 , failed in its first launch attempt in December 2023 .
The company laid off some of its staff in August to control costs.
Founder Dan Piemont says the company will focus on missile defense.
ABL was valued at $2.4 billion at one point, and Lockheed Martin bought a block buy of 58 launches.
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