Relativity announces plans for fully reusable Terran R rocket

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Relativity announces plans for fully reusable Terran R rocket

Quote

Relativity Space announced plans Tuesday for a fully reusable two-stage rocket named the Terran R, a 3D-printed vehicle designed to haul more than 20 metric tons of cargo to low Earth orbit from a launch pad at Cape Canaveral.

The company, based in Long Beach, California, revealed plans for the new rocket at the same time it announced the closure of a $650 million Series E funding round led by Fidelity. Other investors in the funding round included venture capital and equity firms, billionaire Mark Cuban, and actor Jared Leto.

  Read More: Spaceflight Now

 

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The free market at work.  Good news.