# X-Bow Systems closes Series B at over $105M, with Lockheed Martin leading the strategic part

Canonical page: https://technooptimist.io/stories/x-bow-systems-closes-series-b-at-over-105m-with-lockheed-martin-leading-d161b896
Date: 13 May 2025
About: [X-Bow Systems](https://technooptimist.io/companies/x-bow-systems.md) · [Luling solid rocket motor plant](https://technooptimist.io/manufacturing/luling-srm-plant.md)
Original source: https://pulse2.com/x-bow-systems-over-105-million-series-b-raised-for-defense-technologies

X-Bow Systems closed its Series B at over $105 million. Lockheed Martin led the strategic portion and signed an agreement to bring X-Bow in as a new independent supplier of solid rocket motors. The money goes to expanding production around a new Texas energetics campus south of Austin.

## Key facts

- Investors include Razor's Edge, Crosslink, Lockheed Martin, Boeing Ventures and Balerion Space Ventures.
- X-Bow says its AMSP process has gone through more than 12 iterations and can make tactical and strategic propellant grains.
- It claims integration into more than 8 solid rocket motor programs.

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