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.
All verified mentions of this organization in source documents.
Relativity introduced the Terran R, a two-stage fully reusable large launch vehicle, on 2021-06-08 in conjunction with a $650,000,000 funding round.
Relativity Space signed a deal on 2021-06-30 to move into a one-million-square-foot factory in Long Beach, California.
Relativity is working with architectural and design firm Gensler to renovate the Long Beach building for move-in beginning in January 2022.
The new Long Beach facility, located adjacent to Long Beach Airport, will serve as Relativity Space’s headquarters and as a factory for producing the Terran R rocket.
Relativity moved to Long Beach in early 2020 and opened a 120,000-square-foot facility for operations near Long Beach Airport.
Relativity has completed printing of over 85% of the first Terran 1 orbital rocket, including its first and second stages.
Fidelity Management & Research Company LLC led Relativity Space’s $650,000,000 Series E funding round.
Relativity accelerated hiring to more than 400 employees and plans to hire an additional 200 team members 2021.
Terran R was created in Relativity’s Factory of the Future by the same printers and the same team that built Terran 1.
Relativity Space intends to launch Terran R from its launch site at Cape Canaveral starting in 2024.
Relativity’s simplified supply chain enables the company to build rockets with 100 times fewer parts in less than 60 days.
Funds and accounts managed by BlackRock participated in Relativity Space’s $650,000,000 Series E funding round.
Tribe Capital is a major investor in Relativity Space, and Relativity Space recently raised $650,000,000.
An industry source estimated Relativity Space’s valuation at $4,200,000,000 after the Series E round.
Relativity Space closed a $650,000,000 Series E equity funding round led by Fidelity Management & Research Company LLC on 2021-06-08.
Terran R was created in Relativity Space’s Factory of the Future using the same printers and team that produced Terran 1.
Relativity Space builds rockets with 100 times fewer parts in less than 60 days by fusing 3D printing, artificial intelligence, proprietary software, and autonomous robotics.
Relativity Space has completed printing of over 85% of the first Terran 1 orbital rocket, including its first and second stages.
Relativity Space plans to use exotic 3D-printed alloys with greater temperature resistance on the Terran R second stage.
Terran R is designed to deliver 20,000 kg to low Earth orbit from Relativity Space’s launch site in Cape Canaveral starting in 2024.