Startup profile · funding coverage
Relativity Space funding, valuation and investors
Develops Terran R, a reusable orbital launcher, using automated additive manufacturing and in-house rocket production.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Not publicly disclosed
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
Stage not recorded · Long Beach, California
Overview
Founded in 2015, Relativity Space launched Terran 1 in 2023 before pivoting to its larger reusable Terran R rocket. Eric Schmidt became CEO in 2025. The company reported more than $3 billion in launch agreements and a planned 2026 Terran R debut.
Why Relativity Space is interesting
Develops Terran R, a reusable orbital launcher, using automated additive manufacturing and in-house rocket production. Its 2026 American Dynamism 50 inclusion creates an opportunity to contextualize funding, delivery milestones, manufacturing readiness and relevant competitors.
Product & use cases
Founded in 2015, Relativity Space launched Terran 1 in 2023 before pivoting to its larger reusable Terran R rocket. Eric Schmidt became CEO in 2025. The company reported more than $3 billion in launch agreements and a planned 2026 Terran R debut.
Key facts
- Terran 1 flew once in March 2023; its program was retired while development shifted to Terran R.
- Eric Schmidt became CEO in 2025.
- The 2026 AD50 overview reported more than $3 billion in launch agreements; contracted launch services do not equal recognized revenue.
Competitive landscape
Separate disclosed financing from debt, contractual ceilings and future production targets; compare product capabilities and deployments against direct and adjacent suppliers.
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SpaceX direct
Established reusable commercial launch provider.
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Rocket Lab direct
Launch services and integrated spacecraft programs.
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Stoke Space direct
Developing fully reusable orbital launch vehicles.
Industries
Market / IPO context
Editorial / static context — not a live quote.
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