The company announced the deal on June 30. It declined to comment on the cost of the lease.
The 93-acre site will have the capacity to accommodate more than 2,000 employees, a laboratory and a mission control center. It will also include room for what Relativity said will be “dozens” of Stargate 3D printers to scale production of the company’s Terran R rocket — a 216-foot-tall, 16-foot-diameter spacecraft.
Relativity is expected to move into the new site in January 2022. The company will continue to use its current facility to produce its smaller Terran 1 3D-printed rockets, which are designed to deploy small satellites.
“Relativity is a fierce and growing leader in our world’s space economy, and we’re proud they chose Long Beach as home,” Long Beach Mayor Robert Garcia said in a statement.
The announcement follows a year of rapid growth for Relativity. The company closed a $650 million Series E funding round for the development of the Terran R in mid-June.
The round was led by Boston-based investment manager Fidelity Management & Research Co. and attracted investment from celebrities, including Mark Cuban and Jared Leto.
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