Category: Louisiana

June 11, 2019 Off

Relativity is building a 3D-printing rocket manufacturing hub in Mississippi

By Jill T Frey

The future of rocket manufacturing has touched down in Mississippi.

At NASA’s John C. Stennis Space Center, nestled in Hancock County, Miss., right on the border of Louisiana, the Los Angeles-based 3D-printed spacecraft manufacturer, Relativity Space, is planning a massive $59 million expansion to make a permanent manufacturing hub in this bucolic corner of the southeast.

“This agreement demonstrates again NASA’s commitment to work with our industry partners to expand commercial access to low Earth orbit,” said Dr. Rick Gilbrech, director, Stennis Space Center. “This helps NASA maintain focus on the ambitious Artemis program that will land the first female and the next male on the south pole of the Moon by 2024.”

Relativity already has four of its proprietary 3D printers running in its Los Angeles headquarters and plans to build out 12 larger units in its new Mississippi digs. The company ultimately expects to get 24 … Read the rest

May 25, 2019 Off

Startups Weekly: VCs are drunk on beverage startups

By Jill T Frey

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs’ favorite spaces: cannabis tech. Remember, you can send me tips, suggestions and feedback to [email protected] or on Twitter @KateClarkTweets.

This week, I want to share some thoughts — questions, rather — on beverages. Just as my inbox has been full of cannabis-related pitches, it’s also been packed with descriptions of new…drinks. Perhaps the most noted so far is Liquid Death, canned water for the punk rock crowd, because why not? Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and … Read the rest