Morocco officially called the Kingdom of Morocco, is the Maghreb territory of North Africa's northernmost country. Morocco has a GDP of $112 billion, making it Africa's fifth-largest economy behind Nigeria, South Africa, Egypt, and Algeria. It has a $3,414 GDP per capita. It has a population of 37 million people, with 45 per cent under the age of 24 and 42 per cent between 25 and 54.startups
ABL Space, a launch vehicle developer, announced the finalization of a USD200 Million funding round from current investors, increasing its valuation to USD2.4 Billion.
We re tracking toward vehicle readiness in March, ABL president and CFO Dan Piemont told CNBC on Monday during a tour of the company s Los Angeles-area facilities. We re working on the last bits of scheduling with the [Vandenberg launch] range. We do think that could push us into Q2, so right now no earlier than March but no later than June is the plan, Piemont added.
ABL s first launch represents the latest company that is close to offering another option for satellites and spacecraft to get to orbit, in the increasingly competitive space sub-sector of private rocket builders. ABL would enter the market as an option in between Elon Musk s SpaceX and small launcher Rocket Lab, and the timing of its inaugural attempt comes as several other companies race to reach orbit for the first time.