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X-Bow Systems

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Additive manufacturing of solid rocket motors.

Albuquerque, United StatesFounded 2016Space
Valuation $250–500M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About X-Bow Systems

X-Bow Systems, founded in 2016 by CEO Jason Hundley, Mark Kaufman, and Maureen Gannon, is a defense technology company focused on disrupting the solid rocket motor (SRM) and launch vehicle market. The company aims to modernize the U.S. defense industrial base, which has historically relied on a few key suppliers using older, more expensive manufacturing processes. Hundley, a Marine veteran and former NASA researcher, brings two decades of experience in space exploration and defense technology to the company.

X-Bow's core innovation is its patented Additive Manufacturing of Solid Propellant (AMSP) technology. This process enables a more rapid, flexible, and cost-effective method for producing SRMs compared to traditional techniques. The company has developed two key manufacturing systems based on AMSP: the "Rocket Factory in a Box" (RFIB™), a mobile and containerized production unit for agile deployment, and Gen-0, an industrial-scale system for high-volume production. This approach allows X-Bow to serve as a non-traditional supplier for the defense and national security industries, offering customizable SRMs with shorter lead times.

The company's business model is centered on supplying SRMs and integrated launch vehicles to government and commercial clients, positioning itself as an independent supplier for major defense contractors like Lockheed Martin and Boeing. Its client base includes the U.S. Missile Defense Agency (MDA), the Air Force Research Laboratory (AFRL), the U.S. Navy, and the U.S. Army. X-Bow develops and builds a range of products, from tactical motors to large strategic systems for hypersonics and missile defense, including the low-cost Buckler interceptor. The firm also provides rocket-assisted takeoff (RATO) kits for drones.

Headquartered in Albuquerque, New Mexico, X-Bow operates production and testing facilities in Texas and has received significant investment from venture capital firms and strategic partners, including Lockheed Martin Ventures and Boeing. The company has secured numerous high-value contracts, including a $60 million STRATFI award and an $11 million contract from the MDA to develop a low-cost interceptor. These milestones underscore X-Bow's growing role in expanding the U.S. industrial base for solid rocket propulsion.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Albuquerque, United States
Employees
325
Open positions
53
Dealroom signal
94.8/100
Industry
Security
Sector
Space, Defence, Additive Manufacturing, Defence Applications, Space Tech, Spacecraft Propulsion, Spacecraft Parts, Structures, and Payloads, Propulsion Systems, Space Upstream
Technology
Hardware, 3D Technology, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jul 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing May 2025 $35M $350M Crosslink Capital · Boeing · Razor's Edge Ventures · Balerion Space Ventures ↗
SERIES BOther financing Jul 2024 $70M $280M Crosslink Capital · Boeing · Balerion Space Ventures · Razor's Edge Ventures ↗
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Growth signals

X-Bow Systems website traffic

Latest recorded traffic for X-Bow Systems is 5.6K monthly website visits, down 12.5% over the last three months. X-Bow Systems's team grew 29.5% over the past year.

Latest monthly visits5.6K 3-month web change-12.5% 1-year team growth+29.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • US Department of War
  • Crosslink Capital
  • ABQid
  • Ingenuity Venture Fund
  • Broom Ventures
  • AFWERX

Series A6 investors entered at this stage

  • Razor's Edge Ventures
  • Lockheed Martin Ventures
  • Capital Factory
  • Balerion Space Ventures
  • Bravo Victor Venture Capital
  • Boeing
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about X-Bow Systems on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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