Relativity Space announced June 8 it has raised $650 million in a new funding round to support development of a fully reusable launch vehicle far larger than its original Terran 1 rocket.
Launch executives said June 2 that demand for satellite launches likely will surge despite assertions to the contrary.
Relativity Space was selected to launch a small U.S. military payload to orbit in 2023 using a 3D-printed rocket.
A NASA small launch vehicle competition attracted bids from 10 companies, but half of them were effectively disqualified because of deficiencies or other problems.
Launch integration company TriSept has purchased a launch from Relativity Space that it plans to use for a smallsat rideshare mission as soon as 2022.
Small launch vehicle developer Relativity Space has won a contract to launch six Iridium replacement satellites, which it plans to carry out from a new launch site it proposes to develop at Vandenberg Air Force Base.
Relativity Space has hired a longtime SpaceX executive to help the startup scale up production of its small launch vehicle.
Relativity Space VP: “The most impactful thing that government can do is actually go out and buy services from startups."
Elizabeth Driscoll, business development director at Spaceflight, said the company is constantly in need of more launch options, but won’t rush to new vehicles without confidence they will deliver.
SpaceX plans to launch regular Falcon 9 rideshare missions starting in March and won’t delay launches for tardy customers, a company executive said Oct. 8.