Relativity Space raises $650 mln for bigger 3D-printed rocket
Relativity s bigger Terran R will be capable of blasting some 44,000 pounds (20,000 kilograms) to low-Earth orbit.
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Relativity has inked launch contracts with the U.S. Defense Department, NASA, and Iridium Communications Inc.
Venture-backed startup Relativity Space, which aims to build the world s first fleet of 3D-printed rockets, said on Tuesday that it has raised $650 million from a raft of new investors including BlackRock, hedge fund Soroban Capital, and the actor Jared Leto.
Though it has yet to launch a rocket, the latest capital raise gives Relativity a market valuation of $4.2 billion, making it the second-most valuable privately-held space firm behind Elon Musk s SpaceX.
Florida rocket company rebrands, plans bigger rocket upi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upi.com Daily Mail and Mail on Sunday newspapers.
Blue Origin employees stand next to a pathfinder version of a cargo lunar lander. (Blue Origin via Twitter)
Amazon CEO Jeff Bezos’ Blue Origin space venture is testing a full-scale prototype of its cargo lunar lander, as part of its campaign to get a jump on heavy-duty deliveries to the moon.
In a video posted today to Twitter and Instagram, members of Blue Origin’s lander development team provided a status report on their efforts.
The pathfinder lander has been taking shape at the factory that Blue Origin recently opened in Huntsville, Ala. That factory is responsible for manufacturing the descent element for a human-capable landing system, as well as the BE-4 engines for Blue Origin’s New Glenn rocket and United Launch Alliance’s Vulcan rocket.
NASA has awarded Texas-based Firefly Aerospace approximately $93.3 million to deliver a suite of 10 science investigations and technology demonstrations to the
Washington, February 5
NASA has awarded Texas-based Firefly Aerospace approximately $93.3 million to deliver a suite of 10 science investigations and technology demonstrations to the Moon in 2023.