Relativity Space
Eric Schmidt
Overview
Relativity Space is building Terran R, a reusable medium-to-heavy-lift rocket aimed at commercial, government, and telecommunications missions. After flying Terran 1 as a pathfinder in 2023, the company shifted fully to Terran R and now uses a hybrid manufacturing approach that combines additive manufacturing for fast iteration with more conventional structures for scale and cost. Relativity is focused on engine qualification, integrated vehicle production, and launch-site readiness ahead of a planned late-2026 debut from Cape Canaveral.
Main Products
Relativity's pathfinder vehicle, a two-stage small-lift rocket used to validate the company's propulsion, software, and additive-manufacturing approach before the program was retired.
Launched in March 2023 as a pathfinder vehicle and retired after its maiden flight so the company could focus engineering and production resources on Terran R.
A two-stage reusable medium-to-heavy-lift rocket designed for constellation deployment, large satellite missions, and higher-cadence commercial and government launch operations.
Under active development with hardware integration, engine testing, and launch-site outfitting underway; first launch is planned for late 2026.
What's Next
Operations & Revenue
Relativity is in integrated vehicle build with first- and second-stage primary structures taking shape, Aeon R qualification engines running full-duration static fires at NASA Stennis, and LC-16 launch-site outfitting (including the LOX tank farm) advancing toward Terran R's first launch in the second half of 2026.
Revenue Streams
Future launch services for commercial, government, and telecommunications customers flying on Terran R from Cape Canaveral.