ABL leases space at Port of Los Angeles
Capitalism in space: The rocket startup ABL has now leased space at the Port of Los Angeles for “spacecraft processing” and cargo shipment.
Included in the five-year lease is a 25,000-square-foot integration and payload processing facility, 20,000-square-foot warehouse space, and a 13,000-square-foot office space. The location, previously occupied by rocket launching ship company Sea Launch, will be used by ABL for a range of operations including vehicle processing, payload integration, and maritime operations supporting the company’s launch facilities around the world.
This deal comes on top of ABL’s announcement earlier this week that it has raised an addition $200 million in investment capital, and is planning its first launch in mid-December.
Capitalism in space: The rocket startup ABL has now leased space at the Port of Los Angeles for “spacecraft processing” and cargo shipment.
Included in the five-year lease is a 25,000-square-foot integration and payload processing facility, 20,000-square-foot warehouse space, and a 13,000-square-foot office space. The location, previously occupied by rocket launching ship company Sea Launch, will be used by ABL for a range of operations including vehicle processing, payload integration, and maritime operations supporting the company’s launch facilities around the world.
This deal comes on top of ABL’s announcement earlier this week that it has raised an addition $200 million in investment capital, and is planning its first launch in mid-December.