Investing in Space: Relativity CEO bets on bigger rockets, A.I. capabilities
Publishing timestamp: 2023-04-27 12:42:31
Summary
CNBC's Investing in Space newsletter reports on the trend of building bigger rockets in the space industry. Relativity Space, valued at over $4 billion, is retiring its pioneering 3D-printed Terran 1 to focus exclusively on a new heavy-lift rocket called Terran R. Other launch startups, such as Blue Origin and Rocket Lab, are also developing more powerful rockets. Relativity's CEO, Tim Ellis, believes there is a giant launch shortage and that only SpaceX can fill it besides Relativity. However, SpaceX is developing its own satellite constellation, Starlink, which creates a conflict of interest. Relativity's Terran R will compete most directly with SpaceX's workhorse Falcon 9 and is expected to deliver up to 26 tons to low earth orbit in reusable mode or 37 tons in expendable mode. The article also covers other space-related news, including AST SpaceMobile's completion of two-way voice calls via unmodified smartphones, ispace's lunar landing falling short in the final moments, and the U.S
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Keywords: space newsletter, virgin galactic holdings inc, rocket lab usa inc, boeing co, astra space inc, northrop grumman corp, tailwind two acquisition corp, science, lockheed martin corp, ast spacemobile inc, space exploration, business news,
Source: https://www.cnbc.com/2023/04/27/investing-in-space-relativity-ceo-bets-on-bigger-rockets-ai.html