Rocket Report: Billionaire backs Scottish spaceport, Relativity bags a bundle

Images of Electron rocket.
Enlarge / Rocket Lab’s Catch of the Day recovery vessel nears the Electron rocket’s first stage.

Welcome to Edition 3.24 of the Rocket Report! It’s December, and we could see a number of big smallsat launches this month, including from Virgin Orbit and Astra. But in the immediate future, our eyes are on South Texas, where a Starship prototype is due to make a high leap early next week.

As always, we welcome reader submissions, and if you don’t want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.

Aevum unveils its Ravn X launch system. Until now, Aevum has largely operated in the background. But now, it’s ready to show off

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Relativity Space raises $500M to speed up plan to build and launch 3D-printed rockets

Tim Ellis and rocket component
Relativity Space CEO Tim Ellis stands alongside a 3D-printed rocket component. (Relativity Space Photo)

Relativity Space says it’s brought in another $500 million in investment to speed up its effort to build entire orbital-class rockets using 3D printing.

The startup — which was founded in Seattle less than five years ago and is now headquartered in Long Beach, Calif. — has attracted more than $685 million from investors so far, and is said to have a total valuation in excess of $2 billion.

That rise to unicorn status has sparked comparisons to another California-based space venture, SpaceX, even though Relativity has yet to launch a rocket.

In a news release, Relativity Space CEO Tim Ellis said his company is on track to execute the first launch of its Terran 1 rocket from Florida next year, thanks to existing capital on its balance sheet.

“With this new Series D funding, we

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