Smallsat rocket company Relativity Space gets Air Force okay to launch from Florida

Capitalism in space: The smallsat startup company Relativity Space has gotten Air Force approval to launch its 3D printed Terran rocket from Cape Canaveral.

They are now in negotiations to obtain a twenty year lease on one of the launchpads there.

Relativity hopes to sign a 20-year agreement granting it exclusive use of Launch Complex 16, a former Titan and Pershing missile site also used by NASA’s Gemini and Apollo programs. It was deactivated in 1988.

The company plans to spend more than $10 million to renovate the pad, build payload processing and integration hangars and install fuel and lightning protection systems.

It’s not yet known how many jobs will be based in Florida. The company has grown from 14 to 60 people over the past year, adding experience with a dozen former senior executives of existing Cape launchers SpaceX, Blue Origin and United Launch Alliance

The company has raised significant investment capital, $45 million, but there is no indication from the article when they plan their first test launches.