Long Beach California based Relativity Space is raising $500,000,000.00 in New Equity Investment.
Long Beach, CA – According to filings with the U.S. Securities and Exchange Commission, Relativity Space is raising $500,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tim Ellis played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Relativity Space
Relativity is building humanity’s multiplanetary future. We invented a new approach to design, build, and fly our own rockets, starting with Terran 1 the world’s first entirely 3D printed rocket. As a vertically integrated technology platform, Relativity is at the forefront of an inevitable shift toward software-defined manufacturing. By fusing 3D printing, artificial intelligence, and autonomous robotics, we are pioneering the factory of the future. Disrupting 60 years of aerospace, Relativity offers a radically simplified supply chain, building a rocket with 100x fewer parts in less than 60 days.
To learn more about Relativity Space, visit http://www.relativityspace.com/
Contact:
Tim Ellis, Chief Executive Officer
424-393-4309
https://www.linkedin.com/in/tim-ellis-11167172/
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