Relativity Space Strikes Deal with TriSept to Launch Mission by 2022
Weeks after closing a $500 million raise, the 3D-printed rocket manufacturer Relativity Space announced a rideshare agreement with TriSept to carry small and large satellites into space as early 2022.
The Los Angeles-based aerospace company struck the deal with the launch integration provider whose U.S government customers include the Department of Defense, NASA and the NRO.
Under the agreement, TriSept secured a full mission on Terran 1 that will launch from a Relativity site at either Cape Canaveral or Vandenberg Air Force Base. Details of the contract were not disclosed.
"Relativity is building something our team is very excited about and their Terran 1 rocket architecture is designed to accommodate the evolving needs of our government and commercial customers," TriSept's CEO Rob Spicer said in an announcement. "Because Terran 1 is a larger launch vehicle with more performance to LEO, it offers our prime and rideshare customers with bigger satellites a low-cost alternative for launch."
The news marks Relativity's seventh publicly announced launch customer following deals with commercial and government leaders like Lockheed Martin, Iridium and NASA, the company said.
Relativity's November raise, one of the largest for an L.A. startup this year, reportedly valued the company at $3.2 billion. That's right behind SpaceX's reported $46 billion valuation after raising $1.9 billion in August.
The company also announced in February it was relocating to a 120,000 square-foot facility in Long Beach to house production for Terran 1, which has yet to be launched.