Relativity Space is an American aerospace manufacturing company focused on revolutionizing rocket production through 3D printing, AI, and autonomous robotics. As a launch provider, they are developing reusable rockets like Terran R to offer cost-effective and high-performance launch services for commercial and government customers. Relativity Space has partnerships with NASA, U.S. Air Force, Spaceflight Industries, Momentus, OneWeb and Intelsat, with a long-term goal of establishing an industrial base on Mars. Associated keywords: 3D printing, launch vehicles, commercial spaceflight, Terran R, Stargate printers.
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Lockheed Martin originally planned to launch the Cryogenic Demonstration Mission spacecraft via Momentus, which would manifest the satellite on a Vigoride transfer vehicle launched on a Relativity Space Terran 1 rocket in 2023.
Relativity Space raised $500,000,000 in November and $650,000,000 in June to fund development of its Terran 1 rocket and the larger Terran R vehicle.
Relativity Space planned to make Terran 1’s first launch in 2022 and designated Terran R as a far larger follow-on vehicle.
Relativity Space’s metal 3D printers can create a single rocket from raw materials in 60 days.
Fidelity Management & Research Company led Relativity Space’s Series E round and invested $200,000,000.
NH Investment & Securities and Consus Asset Management together contributed $40,000,000 to the consortium investment in Relativity Space.
Relativity Space raised $650,000,000 in a Series E funding round in June.
Hanwha Aerospace contributed $10,000,000 to the consortium investment in Relativity Space.
A consortium of three South Korean companies invested $50,000,000 in Relativity Space.
Relativity Space’s Terran 1 is designed to place up to 1,250 kg into orbit and has a listed price of $12,000,000.
Relativity expects to begin testing a prototype version of the Aeon R engine as soon as the end of 2021 to support a possible first Terran R launch as early as 2024.
Relativity raised $650,000,000 in June, about six months after raising $500,000,000.
Relativity Space raised $650 million.
Relativity Space is charging $12,000,000 for Terran 1, which can place 900 kg into sun-synchronous orbit.
The Rocket Systems Launch Program Office awarded the first on-ramp additions to the Orbital Services Program-4 Indefinite Delivery/Indefinite Quantity contract to ABL Space Systems Corp., Astra Space, Inc., and Relativity Space, Inc.
The addition of Relativity Space and other emerging providers to OSP-4 expands the Space Force’s vendor pool and supports the small launch industrial base.
The Rocket Systems Launch Program Office added Relativity Space to the Orbital Services Program (OSP)-4 Indefinite Delivery/Indefinite Quantity (IDIQ) on 2021-08-09 in Long Beach, California.
On 2021-08-09, the Space and Missile Systems Center’s Rocket Systems Launch Program Office at Kirtland Air Force Base added ABL Space Systems, Astra Space, and Relativity Space to the OSP-4 vendor pool.
Relativity will keep its existing 120,000-square-foot Long Beach facility and use it for production of the Terran 1 small launch vehicle.
Relativity has raised more than $1,000,000,000 in private capital since late last year.