{"id":19314,"date":"2016-07-18T17:16:05","date_gmt":"2016-07-18T09:16:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/blue-origin-and-spacex-vets-raise-cash-for-relativity-space-a-stealthy-startup-aiming-to-build-rockets-with-zero-human-labor\/"},"modified":"2016-07-18T17:16:05","modified_gmt":"2016-07-18T09:16:05","slug":"blue-origin-and-spacex-vets-raise-cash-for-relativity-space-a-stealthy-startup-aiming-to-build-rockets-with-zero-human-labor","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/blue-origin-and-spacex-vets-raise-cash-for-relativity-space-a-stealthy-startup-aiming-to-build-rockets-with-zero-human-labor\/","title":{"rendered":"Blue Origin and SpaceX vets raise cash for Relativity Space, a stealthy startup aiming to build rockets \u2018with zero human labor\u2019"},"content":{"rendered":"<p>Two engineers with experience at Blue Origin and SpaceX have raised almost&nbsp;$10 million for their own rocket startup, Relativity Space, which promises to build orbital rockets \u201cwith zero human labor.\u201d<\/p>\n<p>The funding rounds are described in two documents filed in May and this month with the Securities and Exchange Commission. The first&nbsp;filing reports that $1.1 million in equity was sold to investors. The second filing serves as a new notice&nbsp;of $8.4 million&nbsp;in equity sold,&nbsp;out of a $9.6 million offering.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright size-medium wp-image-261278\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/07\/160718-relativity-300x232.jpg\" alt=\"Relativity Space\" width=\"300\" height=\"232\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/07\/160718-relativity-300x232.jpg 300w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/07\/160718-relativity-630x488.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/07\/160718-relativity.jpg 758w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/p>\n<p>The filings indicate that&nbsp;Relativity Space is based in Seattle, but in response to an email inquiry, the company declined to say anything further about its location, its business plan or its investors. \u201cWe are entirely in stealth mode and will comment more when we are ready,\u201d the company&nbsp;said.<\/p>\n<p>The venture\u2019s president and CEO is&nbsp;Tim Ellis, a former engineer at Blue Origin, the company that Amazon billionaire Jeff Bezos founded in Kent, Wash. Based on Facebook postings, Ellis was involved in the&nbsp;initial development of Blue Origin\u2019s BE-4 rocket engine, which is slated to be used on United Launch Alliance\u2019s next-generation rocket as well as Blue Origin\u2019s yet-to-be-built orbital launch vehicle.<\/p>\n<p>Ellis\u2019 Facebook page and LinkedIn page suggest that he\u2019s currently based in the Los Angeles area.<\/p>\n<p>Relativity Space\u2019s chief technology officer is Jordan Noone. His LinkedIn page&nbsp;indicates that he&nbsp;was a propulsion development engineer&nbsp;at SpaceX\u2019s production facility in Hawthorne, Calif., until the end of last year \u2013 and that he\u2019s still in the Los Angeles area. SpaceX, which was founded by dot-com billionaire Elon Musk, launched an uncrewed Dragon cargo spaceship to the International Space Station just last night.<\/p>\n<p>Noone interned at Blue Origin in 2013, while Ellis was there. Both Ellis and Noone worked at the University of Southern California\u2019s Rocket Propulsion Laboratory in the 2010-2013 time frame, which is yet another&nbsp;connection in&nbsp;their career timelines.<\/p>\n<p>Rocketeers have been taking advantage of rapidly rising manufacturing technologies such as lightweight composites and 3-D printing.<\/p>\n<p>In the Seattle area, for instance, 3-D printing (also known as additive manufacturing) has become part of the production process at Blue Origin as well as Planetary Resources and Spaceflight Industries. In the future, robotics could accelerate&nbsp;rocket manufacturing, as it does today for automakers and airplane manufacturers.<\/p>\n<p>Advanced manufacturing technologies appear to be Relativity Space\u2019s focus.<\/p>\n<p>On the venture\u2019s bare-bones website, Relativity Space says that the current timeline for space exploration is \u201clong, patient and humbled,\u201d and that Relativity\u2019s founders dream of something better.<\/p>\n<p>\u201cIf there is one truth in our world, it is that everything evolves&nbsp;\u2013 it is time that rocket launchers do too,\u201d the company says.<\/p>\n<p>And for what it\u2019s worth, the company is looking for a design engineer and a production engineer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two engineers with experience at Blue Origin and SpaceX have raised almost&nbsp;$10 million for their own rocket startup, Relativity Space, which promises to build orbital rockets \u201cwith zero human labor.\u201d The funding rounds are described in two documents filed in May and this month with the Securities and Exchange Commission. The first&nbsp;filing reports that $1.1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[509,1685,316,273],"class_list":["post-19314","post","type-post","status-publish","format-standard","hentry","category-news","tag-blue-origin","tag-relativity-space","tag-spacex","tag-venture-capital"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/19314"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=19314"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/19314\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=19314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=19314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=19314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}