Question 1

Who founded 1872 and what is their background?

Accepted Answer

1872 was founded by Dan Summers, Brian Mongilio, and Michael Grant, three former SpaceX engineers. Summers, the CEO, led the team that integrated and fabricated the Raptor engines for SpaceX's Super Heavy booster.

Question 2

How much did 1872 raise and who led the round?

Accepted Answer

The company closed a $15 million seed round led through private funds advised by The O.H.I.O. Fund, among the largest seed investments in Ohio history.

Question 3

How much cheaper is robotic welding than manual welding?

Accepted Answer

Path Robotics, 1872's welding partner, says its robots cut welding costs by about 85%, running ~$0.12 per weld inch versus ~$0.78 for manual welding by hand.

O.H.I.O. Fund

Ex-SpaceX engineers open robotic steel factory in Cincinnati on $15 million seed

One sharp brief.
Every day.

O.H.I.O. Fund

Ex-SpaceX engineers open robotic steel factory in Cincinnati on $15 million seed

One sharp brief.Every day.

One sharp brief.
Every day.