'Everything That Flies Will be 3D Printed in 20 Years': Relativity's CEO On How Private Biz is Changing the Space Race

Joe Bel Bruno
Joe Bel Bruno is dot.LA's editor in chief, overseeing newsroom operations and the organization's editorial team. He joins after serving as managing editor of Variety magazine and as senior leadership in spots at the Los Angeles Times, Wall Street Journal and Associated Press. He's a veteran journalist that loves breaking big stories, living back in L.A., a good burrito and his dog Gladys — not necessarily in that order.
'Everything That Flies Will be 3D Printed in 20 Years': Relativity's CEO On How Private Biz is Changing the Space Race
Photo by Spencer Rascoff

Relativity Space co-founder Tim Ellis said Thursday that he expects that 20,000 satellites will launch in the next five years, representing a $25 billion market for the 3D rocket printer to compete in.

The company, which recently announced it is moving into a new headquarters complex in Long Beach, is currently building its first rocket, which is expected to launch next year. His goal is to make the company a strong competitor in the $350 billion space economy against bigger rivals like Space X and Jeff Bezos' Blue Origin.


Ellis told an audience at the Montgomery Summit in Santa Monica that private companies are paving the way for cheaper and more efficient ways of getting satellites into orbit in an aerospace industry dominated by legacy giants like Boeing.

"We still use the same tools in aerospace that owe did sixty years ago," he said. "The aerospace industry just hasn't had a renaissance yet."

Ellis said his rockets, made using giant 3D printers, builds components with 1,000 parts in two to six months. Meanwhile, traditional rocket building uses about 100,000 parts and can take up to 48 months.

Relativity's Terran 1 rocket can be built in about 60 days, he said. The company counts Mark Cuban and Tribe Capital among its backers, and has raised $185 million in venture funding. Ellis expects the industry to flourish as manufacturing shifts away from traditional methods.

"Everything that flies will be 3D printed in 20 years," he said.

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Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors
Photo by Red Zeppelin on Unsplash

The Inflation Reduction Act contains almost $400 billion in funding for clean energy initiatives. There’s $250 billion for energy projects. $23 billion for transportation and EVs. $46 billion for environment. $21 billion for agriculture, and so on. With so much cash flowing into the sector, the possibilities for investment and growth are gigantic.

These investment opportunities, however, have typically been inaccessible for everyday retail investors until much later in a company’s development–after an IPO, usually. Meaning that the best returns are likely to be captured by banks and other institutions who have the capital and financing to invest large sums of money earlier in the process.

That’s where Pasadena-based Energy Shares comes in. The company wants to help democratize access to these investment opportunities and simultaneously give early-stage utility-scale energy projects another revenue stream.

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How These Ukranian Entrepreneurs Relocated Their Startups to LA and Found Success

Aisha Counts
Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
How These Ukranian Entrepreneurs Relocated Their Startups to LA and Found Success
Joey Mota

Fleeing war and chasing new opportunities, more than a dozen Ukrainian entrepreneurs have landed in Los Angeles, finding an unexpected community in the city of dreams. These entrepreneurs have started companies that are collectively worth more than $300 million, in industries ranging from electric vehicle charging stations to audience monetization platforms to social networks.

Dot.LA spent an evening with this group of Ukrainian citizens, learning what it was like to build startups in Ukraine, to cope with the unimaginable fear of fleeing war, and to garner the resilience to rebuild.

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