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About Relativity Space
Industries
Industrial & Manufacturing
Aerospace
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$1.4B
Headquarters
Long Beach, California
Founded
2016
Overview
Relativity Space focuses on producing and launching 3D printed reusable rockets for the aerospace industry. Their main product, the Terran R, is designed to carry payloads into various orbits, including Low Earth Orbit and Geosynchronous Transfer Orbit. The rockets are made using advanced 3D printing techniques, which simplify the manufacturing process, lower costs, and reduce production time. This method allows for innovative designs and greater efficiency compared to traditional rocket manufacturing. Unlike many competitors, Relativity Space emphasizes reusability in its rocket design, which helps to further decrease costs for clients. The company's goal is to support the growing demand for space infrastructure by providing reliable and cost-effective launch services.
Simplify's Take
What believers are saying
- Eric Schmidt's leadership could enhance strategic direction and investor confidence.
- Relativity Space has secured nearly $3 billion in launch contracts.
- The growing demand for reusable rockets aligns with Relativity Space's focus on the Terran R.
What critics are saying
- Increased competition from companies like Firefly Aerospace could impact market share.
- The failure of the Terran 1 test flight may affect future contracts.
- Relativity Space's potential move to Texas could lead to logistical challenges.
What makes Relativity Space unique
- Relativity Space uses 3D printing to build rockets with 100x fewer parts.
- The Terran R is the world's first 3D printed reusable rocket.
- Relativity Space integrates AI and robotics for software-defined manufacturing.
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Funding
Total Funding
$1355.1M
Above
Industry Average
Funded Over
6 Rounds
Tiger Global
Coatue Management
Y CombinatorBenefits
Health, dental & vision coverage
Wellness stipend
401(k)
Equity
11 company holidays
Generous PTO policy
Monthly lunches, game nights, & offsite events
Parental leave
Annual learning stipend
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%Eric Schmidt, the former Google CEO, has officially stepped in as the new CEO of Relativity Space.
However, two sources have indicated that Relativity Space will likely move a significant portion of its Terran R manufacturing to Baytown, Texas.
Relativity Space has secured nearly $3 billion in launch contracts ahead of Terran R's debut.
Eric Schmidt joins Relativity Space as CEO.
In 2023, Relativity launched its first rocket, the Terran 1, on a test flight that failed to reach orbit.
Relativity Space is Hiring for 216 Jobs on Simplify!
Find jobs on Simplify and start your career today
Aerospace Engineering
140 Open Roles
Mechanical Engineering
35 Open Roles
QA & Testing
15 Open Roles
Software Engineering
10 Open Roles
Architecture & Civil Engineering
8 Open Roles
Electrical Engineering
5 Open Roles
DevOps & Infrastructure
4 Open Roles
IT & Security
3 Open Roles
AI & Machine Learning
1 Open Roles
Engineering Management
1 Open Roles
Lab & Research
1 Open Roles
About Relativity Space
Industries
Industrial & Manufacturing
Aerospace
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$1.4B
Headquarters
Long Beach, California
Founded
2016
Relativity Space is Hiring for 216 Jobs on Simplify!
Find jobs on Simplify and start your career today
Aerospace Engineering
140 Open Roles
Mechanical Engineering
35 Open Roles
QA & Testing
15 Open Roles
Software Engineering
10 Open Roles
Architecture & Civil Engineering
8 Open Roles
Electrical Engineering
5 Open Roles
DevOps & Infrastructure
4 Open Roles
IT & Security
3 Open Roles
AI & Machine Learning
1 Open Roles
Engineering Management
1 Open Roles
Lab & Research
1 Open Roles