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Masten Space Systems

Mojave rocket company known for small vertical takeoff and landing test vehicles. It won a NASA contract to land its XL-1 lander near the Moon's south pole, went bankrupt in 2022 and was bought by Astrobotic. (1 product in the atlas)

Masten's own site is gone; the website field points to Astrobotic, which bought its assets in 2022.

Products, by altitude

The Moon · 384,400 km from Earth

  • Retired

    XL-1

    Small robotic Moon lander, cancelled when the company went bankrupt

Known rounds

DateRoundAmount
Dec 2011Equity (Form D)$2.1M⁠1

Milestones

  • Sep 2022 Astrobotic announced it acquired Masten's assets, including its vertical takeoff and landing vehicles, propulsion test stands and lunar technology programs. Company statement⁠2
  • Jul 2022 Filed for Chapter 11 bankruptcy in Delaware, planning to cut costs and sell assets; NASA then valued its XL-1 contract at $81.3 million, with $66.1 million paid.⁠3

Sources

  1. SEC EDGAR (Form D)Jan 11, 2012
  2. Astrobotic press releaseSep 13, 2022
  3. TechCrunchJul 29, 2022
  4. Spaceflight NowJul 29, 2022

Updated Oct 22, 2026 · How we source facts · Suggest a correction