Relativity Space
Posted: Wed May 26, 2021 7:48 am
A company to keep an eye on.
Perhaps a near-future competitor to SpaceX?
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Relativity Space soars to stellar valuation with new funding
Tuesday 25 May 2021 21:47, UK
One of the world's leading space industry companies is close to landing a new funding injection that will see its valuation soar to well over £2bn.
Sky News has learnt that Relativity Space, which uses giant 3D printing machines to build orbital rockets, is in advanced talks with investors about raising roughly $600m (£424m).
Sources in the US technology industry said the funding round could be concluded as soon as this week, although they cautioned that the timing of any announcement was uncertain.
Relativity Space is fast-becoming one of the leading space 'unicorns' as investors rush to back companies focused on commercialising travel beyond Earth.
The company says it is "well on its way to launching the world's first entirely 3D printed rocket to orbit, only the first step in a long-term vision to upgrade humanity's industrial base on Earth and build one on Mars".
https://news.sky.com/story/relativity-s ... g-12316904
Perhaps a near-future competitor to SpaceX?
-----
Relativity Space soars to stellar valuation with new funding
Tuesday 25 May 2021 21:47, UK
One of the world's leading space industry companies is close to landing a new funding injection that will see its valuation soar to well over £2bn.
Sky News has learnt that Relativity Space, which uses giant 3D printing machines to build orbital rockets, is in advanced talks with investors about raising roughly $600m (£424m).
Sources in the US technology industry said the funding round could be concluded as soon as this week, although they cautioned that the timing of any announcement was uncertain.
Relativity Space is fast-becoming one of the leading space 'unicorns' as investors rush to back companies focused on commercialising travel beyond Earth.
The company says it is "well on its way to launching the world's first entirely 3D printed rocket to orbit, only the first step in a long-term vision to upgrade humanity's industrial base on Earth and build one on Mars".
https://news.sky.com/story/relativity-s ... g-12316904