Relativity Space Stock

relativityspace.comIndustrial / Aerospace & DefenseFounded: 2016Funding to Date: $2.38B

Relativity Space, founded in 2015, is a technology company seeking to revolutionize the aerospace industry through the use of advanced automation and 3D printing. The company's mission is to use cutting-edge technology to make space accessible for everyone. Relativity Space is developing the first fully autonomous rocket factory, which would potentially allow for faster and more efficient production of rockets. Relativity Space is headquartered in Long Beach, California.

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Team

Management Team

Timothy Ellis
Co-Founder & Chief Executive Officer
Muhammad Shahzad
Chief Financial Officer
Mariana Garavaglia
Chief Business and People Officer
Jordan Noone
Co-Founder & Advisor

Board Members

Jory Bell
Playground Global
Noah Knauf
Bond Capital

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News Highlights

Relativity Space Closes in On New Funding for Its 3D Printed Rockets
Relativity Space, which last year launched into space the first rocket made with 3D printing, is in talks to raise money in a round that values the company at around $4.2 billion, flat with its last funding round in 2021, according to people with direct knowledge of the matter. Existing investors Bond and Social Capital are among the firms leading the round, the people said. It could not be learned how much Relativity Space is raising in the round.
World's first 3D-printed rocket launches but fails to reach orbit
Relativity Space has launched what they describe as the world's first 3D printed rocket. 85% of the 33 metre tall rocket - called Terran 1 - was created using the world's largest 3D printer. It lifted off for the first time in Florida on 22 March but failed to get high enough to be able to circle the earth, which is called orbiting. It's still a massive milestone for the technology though because it proved this method of construction was durable enough to survive blast off.
Relativity Space Aims for Orbit Inaugural launch pending, the SpaceX competitor seeks to close the deal on 3D-printed rockets
Relativity says it can put together a Terran rocket in two months, compared to two years for some conventionally built ones. The speed and cost of making a prototype—say, for wind-tunnel testing—are reduced because you tell the printer to make a scaled-down model.
Updated on: Apr 14, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.