X-Bow announces $60 million STRATFI agreement
SAN FRANCISCO X-Bow Systems, an Albuquerque, N.M., solid propulsion startup, announced a $60 million U.S. Air Force Strategic Funding Increase, or STRATFI, agreement. To Jason Hundley, X-Bow CEO and founder, the STRATFI agreement is a very good signal from AFWERX that a new approach to solid rocket motors can be looked at as real,