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.(more…)
So, I finally had a chance to go through folks that Vice President Mike Pence nominated to serve on the National Space Council’s Users Advisory Group.
Below is my attempt to break down the 29 nominees by category. It’s far from perfect because several of them could easily be listed under multiple categories. But, here’s my best shot at it.
A startup named Relativity has conducted more than six dozen test firings of a new liquid oxygen/liquid methane rocket engine at NASA’s Stennis Space Center, CEO Tim Ellis told a Senate subcommittee last week.
“Relativity is a stealth-mode startup re-imagining the way orbital rockets are built and flown,” said Ellis, who co-founded the company. “We are creating a new launch service for orbital payloads enabled by never-seen-before technologies, allowing for a high degree of launch schedule certainty at significantly reduced cost.”