# Relativity Space

> Develops Terran R, a reusable orbital launcher, using automated additive manufacturing and in-house rocket production.

## Why it 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.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** N/A
- **Status:** private
- **Industries:** space-tech, deep-tech, hardware-semiconductors
- **Coverage:** full
- **Last updated:** 2026-10-29

## 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.

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 29, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/relativity-space