Relativity Space just raised $140 million to send its 3D-printed rockets into orbit by TheAlexKnapp
Share to linkedin... [+]Relativity Space, which is building 3D-printed rockets, is on track to launch its first commercial payload in 2021 thanks to a $140 million series C funding round. The capital raise will enable the company to fully develop and test its rocket, dubbed Terran 1, and begin commercial operations.
, which are made for smaller satellites that have become increasingly popular as new hardware allows companies to build satellites at a fraction of the size and cost of traditional car-sized satellites. However, only one of those companies—the L.A.-based Rocket Lab—has launched commercial payloads to orbit. The next few years will begin to determine who the new leaders in this space race will be.
“The nice part of 3D-printing is that once the factory is built and we’re really scaling launch rate and production rate, it is a significantly more automated process,” he says.Telesat to deliver internet satellites
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