X-Bow systems announced the close of an interim funding round led by Lockheed Martin Ventures other investors include Crosslink Capital, Razor's Edge Ventures, Balerion Spacen Ventures, Bravo Victor Venture Capital, and Capital Factory.

Funding expands X-Bow's advanced manufactured solid rocket motor production capacity and the US industrial base The interim funding round further fulfils X-Bow's matching requirements for its $60M STRATFI Program with AFWERX and the U.S. Airforce, selected earlier this year.