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 launch various payloads into space, including satellites and future manned missions. The rockets are made using advanced 3D printing techniques, which simplify the manufacturing process, lower costs, and reduce production time. This method allows Relativity Space to create unique rocket designs that stand out in the competitive space market. The company's goal is to provide cost-effective launch services to businesses and organizations, contributing to the growing demand for space infrastructure. A significant achievement for Relativity Space was the successful launch of Terran 1 in March 2023, demonstrating the effectiveness of their 3D printed technology.

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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

Notable Investors:

Tiger GlobalCoatue ManagementY Combinator

Notable Investors:

Tiger GlobalCoatue ManagementY Combinator

$20,000,000

Series F

Nov 2023

Series F funding comparison data is currently unavailable. We're working to provide this information soon!

Series F Funding Comparison

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