LOS ANGELES--(BUSINESS WIRE)--Relativity Space today announced that Iridium Communications Inc. (NASDAQ: IRDM) has signed a launch contract to deliver satellites to orbit. The contract includes flexible timing for up to six dedicated launches to deploy Iridium’s ground spare satellites to Low Earth Orbit (LEO). The launches will take place on an as-needed basis, determined by Iridium and utilizing Relativity’s Terran 1, the world’s first 3D printed launch vehicle. Launches are planned for no earlier than 2023.
The second-generation Iridium constellation was completed in January 2019 and consists of 66 operational satellites and 9 in-orbit spares. An additional six satellites were manufactured as ground spares and remain in storage. Should the need arise to launch a ground spare, Relativity’s Terran 1 offers a cost-effective, efficient response time option for Iridium to quickly deploy a satellite to one of its six orbital planes. Relativity’s disruptive large-scale robotic 3D printing technology enables launches within months, instead of years.
“The upgraded Iridium satellite constellation is operating incredibly well, but it’s prudent to have a cost-effective launch option available for future spare delivery,” said Matt Desch CEO of Iridium. “Relativity’s Terran 1 fits our launch needs to LEO well from both a price, responsiveness and capability perspective. And we know based on our previous experience that there are great benefits to engaging with a provider early on during development of the launch vehicle and it evolving around our particular needs.”
On June 24, 2020, Relativity also announced a Right of Entry Agreement with the United States Air Force, 30th Space Wing, for development of rocket launch facilities at Vandenberg Air Force Base. These launch site facilities will support flights to the polar orbits needed for the Iridium satellite constellation.
“Iridium offers critical communications over the planet’s entire surface, and we are very proud to be their launch partner that supports this capability,” said Tim Ellis, CEO and co-founder, Relativity Space. “As the first 3D printed launch vehicle, Terran 1 offers uniquely disruptive flexibility, cost, and performance advantages, especially for medium-payload missions that need dedicated launches.”
Relativity continues to grow its customer manifest and public-private partnerships. This agreement is the fifth announced launch customer for Relativity, and the first to take advantage of the company’s recently announced Right of Entry at Vandenberg Air Force Base. A potential launch site at Vandenberg is Relativity’s latest addition to its portfolio of major infrastructure partnerships, which also include a launch site Right of Entry at Cape Canaveral Launch Complex-16 and an exclusive-use Commercial Space Launch Act (CSLA) agreement for NASA test sites E4 and E2 at the NASA Stennis Space Center.
About Relativity Space
Relativity is the first autonomous rocket factory and launch services leader for satellite payloads. The company’s vision is to expand the possibilities for human experience by building the future of humanity in space, faster -- starting with rockets. Disrupting 60 years of aerospace, Relativity’s factory vertically integrates intelligent robotics and 3D autonomous manufacturing technology to build the world’s first entirely 3D printed rocket, Terran 1. Relativity is the first application-layer 3D printing company; Terran 1 is the first application. Terran 1 has 100x lower part count than traditional rockets, a radically simple supply chain, and will be built from raw material to flight in less than 60 days with unparalleled iteration speed. As a next-generation space company, Relativity deploys and resupplies satellite payloads with industry-defining lead time, flexibility, and cost to better connect and secure our planet.
Relativity is backed by leading investors including Bond, Tribe Capital, Playground Global, Y Combinator, Social Capital, and Mark Cuban. For more information, please visit https://www.relativityspace.com/ and connect with us on LinkedIn, Twitter, Facebook, and Instagram.
Iridium Communications Inc.
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2019, the company completed a generational upgrade of its satellite network and launched its new specialty broadband service, Iridium Certus®. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services and partner solutions, visit www.iridium.com.
