Lockheed Martin has purchased a block of launches on ABL Space Systems RS1 rocket of up to 26 vehicles through 2025, and up to 32 additional launches through 2029. Financial terms of the deal were not disclosed in the April 5 announcement. ABL Space Systems, based in El Segundo, California, just closed a $170 million Series B funding round last week, at a $1.3 billion valuation. The company is developing the RS1 launch vehicle and GS0 deployable launch system, a containerized system that is designed to provide rapid launch from new launch sites in the U.S. and around the world. RS1 is capable of delivering up to 2,976 lbs to Low-Earth Orbit (LEO).