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Relativity raises $35M for 3-D printed rockets

Stargate 3-D printer
An illustration shows how Relativity Space’s Stargate metal 3-D printer compares with the height of a human. (Relativity Space Illustration)

Just a week after unveiling an agreement to use one of NASA’s rocket test complexes in Mississippi, Relativity Space is announcing $35 million in new funding that’ll help the rocket-building startup take advantage of the deal.

The Series B financing round is led by Playground Global, with full participation from Relativity’s existing investors, Social Capital, Y Combinator and billionaire entrepreneur Mark Cuban. The money brings total investment in the three-year-old company to more than $45 million.

“It’ll make us able to grow the team from 17 employees to over 45 by the end of this year,” Relativity CEO and co-founder Tim Ellis told GeekWire.

Get the full story on GeekWire.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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