One of the lesser known aspects of SpaceX’s rise to the top of the space industry is how the company has seeded other companies with experienced personnel.
Throughout its existence, SpaceX has had fairly high employee turnover. People work at Elon Musk’s company and move on for reasons ranging from being fired or laid off to getting burned out from long hours to becoming frustrated over relatively low pay to simply wanting to do something else.
LOS ANGELES (Relativity Space PR) — Relativity Space, the company building the world’s first autonomous rocket factory and launch services for satellites, today announced that it has closed a $140 million Series C funding round led by Bond and Tribe Capital.
With this $140 million funding round, Relativity is fully funded to become the first company in the world to launch an entirely 3D printed rocket to orbit and enter commercial service in early 2021. The Series C round includes participation by new investors Lee Fixel, Michael Ovitz, Spencer Rascoff, Republic Labs, and Jared Leto, with participation from current investors Playground Global, Y Combinator, Social Capital, and Mark Cuban.
LOS ANGELES (Relativity Space PR) –Relativity Space, the world’s first autonomous rocket factory and launch services leader for satellites, today announced that it has signed a Launch Services Agreement (LSA) with Momentus, the provider of in-space shuttle services that move satellites between orbits, to launch Momentus’ small and medium satellite customers on Relativity’s Terran 1 rocket, the world’s first and only entirely 3D printed rocket. Momentus will then deliver their customers’ small and medium sized satellites to geosynchronous orbit (GEO) using the Momentus Vigoride Extended in-space shuttle service.
LOS ANGELES, April 23 2019 (Relativity PR) — Relativity, the world’s first autonomous rocket factory and launch services leader for satellite constellations, today announced a partnership with mu Space, the innovative Thai satellite and space technology company, to launch a satellite to Low Earth Orbit (LEO) on Relativity’s Terran 1 rocket, the world’s first and only 3D printed rocket.
Relativity’s groundbreaking, patented 3D printing technology platform together with Terran 1’s unique and flexible architecture provides mu Space a faster and more reliable launch at a lower total mission cost than any other launch services company in the world. With this launch partnership, two of the most visionary and innovative aerospace startups are sharing expertise, resources, and capabilities to transform the satellite launch and services industry across the U.S. and Asia-Pacific regions.
LOS ANGELES–(Relativity PR)–Relativity, the world’s first autonomous rocket factory and launch services leader, today announced the appointment of three aerospace veterans to its executive team and an industry-leading new patent grant for its autonomous 3D printing technology. The fast-growing company has now hired twelve former senior leaders from SpaceX, Blue Origin, Virgin Orbit, Aerojet Rocketdyne, Waymo, Zoox, and Tesla, and has secured a key patent for 3D printing metal using machine learning.
Tim Buzza, recognized as one of the world’s foremost experts in rocket development, as well as among the first leaders and a twelve-year executive at SpaceX, and former Co-President and Vice President of Launch at Virgin Orbit, officially joins Relativity as Distinguished Engineer after serving as an Advisor to the company.