Private equity firm Silver Lake has agreed to make a strategic growth investment in Chicago-based electronic discovery software company Relativity to help accelerate the adoption of the latter's technology offering at government and commercial organizations.
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TriSept will carry out a full launch mission for small and large satellite payloads aboard Relativity Space's Terran 1 rocket in as early as 2022 under a new agreement.
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Los Angeles-based Relativity Space has raised $500M in a round of Series D financing led by Tiger Global Management and will use the funds to advance the development of its launch vehicle, 3D printing technologies and other programs. “We are on track to launch our first Terran 1 rocket to orbit next year with existing capital on our balance sheet," said Tim Ellis, co-founder and CEO of Relativity Space.
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Tim Ellis, cofounder and CEO of Relativity Space, has said the company plans to market a 3D-printed rocket to support missions in low-Earth, medium and geosynchronous orbits over the next decade.
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Iridium Communications has awarded Relativity Space a contract to perform up to six on-demand launches to deliver ground spare satellites to low-Earth orbit.
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Zach Dunn, formerly senior vice president of production and launch at SpaceX, has been named VP of factory development at California-based Relativity Space, Ars Technica reported Tuesday.
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Los Angeles-based aerospace firm Relativity Space has raised $140M in a round of Series C financing led by technology investment company Bond and venture capital firm Tribe Capital.
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Relativity has signed an initial nine-year lease agreement with NASA as the company plans to build a factory and expand a testing facility for launch vehicles at the agency's Stennis Space Center in Mississippi.
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Autonomous rocket maker Relativity has agreed to provide its 3D printed rocket for low earth orbit missions with Spaceflight under a rideshare arrangement. Relativity said Monday its 3D printed Terran 1 rocket will launch in the third quarter of 2021 under the agreement, with options for potential future missions.
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Relativity has secured approval from the U.S. Air Force to conduct launch operations at Cape Canaveral Air Force Station in Florida.
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