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Relativity Space was founded in 2015 by CEO Tim Ellis and CTO Jordan Noone on the idea that existing private spaceflight companies were not tapping enough into the potential of additive manufacturing (3D printing). [6] Relativity is aiming to be the first company to successfully launch a fully 3D-printed launch vehicle into orbit. [7]
In April 2018, Cuban told the Los Angeles Times over email that he invested in Relativity because, "They are smart, innovative, focused and always learning." [2] Ellis and Noone were also part of Y Combinator in their 2016 cohort. [10] Relativity Space announced its US$650 million Series E funding at US$4.2 billion valuation in June 2021. [11]
Relativity Media was founded by Ryan Kavanaugh and Lynwood Spinks in 2004. Kavanaugh convinced Spinks, a former Carolco Pictures executive [12] to invest $1 million into the venture. [13] Relativity began operations as a middleman brokering deals between film studios and banks, [14] private equity firms, and hedge funds to finance multi-film ...
Terran R is a heavy-lift two-stage, partially reusable launch vehicle under development by Relativity Space. The vehicle is partially constructed with 3D printing technologies, like its predecessor, the small-lift Terran 1. [2] [3] The first flight is expected to be in 2026. [4]
Noone co-founded Relativity Space, a company building a 3D printer for rockets, with Tim Ellis in 2015. As of October 2019, the company had raised $185 million in equity and grew to over 170 employees. [6] In September 2020, Noone stepped down as the CTO of Relativity Space, becoming an Executive Advisor to the company. [7]
Terran 1 was an expendable two-stage small-lift launch vehicle developed by Relativity Space.Development began in 2017 and the rocket was retired in 2023. [2] Most structures and components of the vehicle are manufactured with 3D printing processes.
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