With their manufacturing square footage increasing fivefold to 3D-print rocket components for orbital missions, Relativity Space is taking a run at the space business.
The young company, fresh off a $140 million Series C round in late 2019, announced they have secured a massive 120,000 sq. ft manufacturing facility and operations center in Long Beach, California to make rocket parts quickly, cheaply and reliably.
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Relativity Space's 3D-printed rocket will help send satellites to more zones in orbit through a new agreement announced Wednesday (Sept. 11) with Momentus.
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Relativity Space, the Mark Cuban-backed startup that is building 3D rockets, already has another contract -- one with mu Space, a satellite and space technology company based in Thailand.
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Tim Ellis, who previously worked at Blue Origin, and Jordan Noone, a former employee of SpaceX, started Relativity Space in 2016 to use 3-D metal printing technology to build rockets more easily and with fewer parts. The firm has raised $45 million and is testing those 3-D printed parts. Its ultimate goal: To build an entire rocket from 3-D printed parts, making satellite launches easier and more affordable.
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It was 2015 when Tim Ellis and Jordan Noone were working on 3D-printing processes at Blue Origin and SpaceX, respectively. During that time they both realized that a fully 3D-printed rocket was inevitable - and designing one from the ground up could make rockets cheaper and easier to build.
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