“From our founding days in Y Combinator just five years ago, we planned on 3D printing Terran 1 and then Terran R – a 20x larger fully reusable rocket – on our Factory of the Future platform,” said Tim Ellis, CEO and Co-founder of Relativity Space. The Terran R will also be a direct challenger to Elon Musk’s SpaceX Falcon 9 rocket and the recently announced 3D printed reusable Neutron launch vehicle from fellow aerospace firm Rocket Lab. The launch vehicle will eventually offer customers a “point-to-point space freighter” capable of carrying out missions between the Earth, Moon, and even Mars. The company announced its plans for the Terran R alongside the outcome of its Series E equity round, and will seek to scale up the production of the rocket with the funds raised.

3D printing rocket manufacturer Relativity Space has raised $650 million in Series E funding to ramp up the production of its new Terran R rocket, the company’s first reusable, fully 3D printed launch vehicle.

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