Relativity Space is developing Terran R, a fully reusable medium-lift launch vehicle, using the world's largest metal 3D printers (Stargate) to radically compress rocket manufacturing timelines. After retiring the smaller Terran 1 to focus entirely on Terran R, Relativity aims to demonstrate that additive manufacturing can produce orbital-class rockets with fewer parts, faster iteration, and lower tooling costs.
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Series E | $270M | $4.2B | ICONIQ Growth, Tiger Global | Jan 15, 2024 |
| Series F | $200M | $4.5B | Undisclosed | Jul 1, 2025 |