Relativity has a bold plan to take on SpaceX, and investors are buying it

“We’re trying to ice skate to where the puck is going.”

A rendering of the Terran R rocket in flight.

Enlarge / A rendering of the Terran R rocket in flight. (credit: Relativity Space)

Relativity Space announced Tuesday morning that it has raised an additional $650 million in private capital and that this money will fuel an ambitious agenda of 3D printing large, reusable rockets.

The new funding will accelerate development of the "Terran-R" launch vehicle, Relativity Chief Executive Tim Ellis said in an interview. This large orbital rocket will be about the same size as SpaceX's Falcon 9 rocket. However, Ellis said, the entire vehicle will be reusable—the first and second stages, as well as the payload fairing. And it will have the capacity to lift 20 tons to low Earth orbit in reusable mode, about 20 percent more than a Falcon 9 booster that lands on a drone ship.

With the Terran-R vehicle, therefore, Ellis said Relativity Space aspires to not just match the remarkably capable Falcon 9 rocket but to exceed its performance.

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Ford builds an affordable, efficient small truck: The new Maverick

This small hybrid truck gets 40 mpg in the city and starts at $19,995.

America's love affair with the truck shows no signs of abating. The country buys millions of them each year, providing the bread and butter for domestic automakers. But not everyone is well-served by the products on offer. Some might want a truck but are turned off by their ever-increasing size, particularly hood heights that hide small pedestrians. Others are put off by the poor efficiency. Enter Ford. After blowing everyone's socks off with its electric F-150 Lightning, the Blue Oval is back with yet another truck, but this one's small, efficient, and cheap—it's the new Ford Maverick.

Unlike its bigger siblings, the Maverick uses a monocoque chassis construction rather than a body on frame. At just under 200 inches (5,072 mm) in length, it's significantly shorter than the (232-inch/5,885-mm) F-150, and smaller even than the Ranger. And that means a shorter and lower hood and, therefore, a smaller forward blind spot, which will be welcome news to pedestrians, cyclists, and road users with small cars.

Under that small hood, you'll find a hybrid powertrain that combines a 162 hp (120 kW), 155 lb-ft (210 Nm), 2.5 L four-cylinder gasoline engine (that operates on the more efficient Atkinson cycle) with a 126 hp (94 kW), 173 lb-ft (235 Nm) permanent magnet electric motor. Together, they provide 191 hp (142 kW) to the front wheels via a continuously variable transmission.

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Grüne Berlin: Verbrenner-Verbot ist auch nur ängstliches Minimalziel

Berlins Grünen-Spitzenkandidatin Jarasch fordert ein Verbrenner-Verbot bis 2030 in der Innenstadt. Die Alternative, E-Autos, bringt aber viel zu wenig. Ein IMHO von Sebastian Grüner (Nachhaltigkeit, Elektroauto)

Berlins Grünen-Spitzenkandidatin Jarasch fordert ein Verbrenner-Verbot bis 2030 in der Innenstadt. Die Alternative, E-Autos, bringt aber viel zu wenig. Ein IMHO von Sebastian Grüner (Nachhaltigkeit, Elektroauto)

Belarus: Ein Netzwerk namens "Sieg"

Die exilierte Oppositionsführerin Tichanowskaja baut offenbar mit ehemaligen Sicherheitskräften eine Untergrundorganisation auf. Ziele und Methoden bleiben nebulös

Die exilierte Oppositionsführerin Tichanowskaja baut offenbar mit ehemaligen Sicherheitskräften eine Untergrundorganisation auf. Ziele und Methoden bleiben nebulös

Bundesnetzagentur: Betreibern drohen Bußgelder wegen Versorgungslücken

An Autobahnen und Schienenwegen sind die Auflagen der Bundesnetzagentur immer noch nicht erfüllt. Die Betreiber sagen, sie sind unschuldig. Doch nun drohen Bußgelder. (Bundesnetzagentur, Long Term Evolution)

An Autobahnen und Schienenwegen sind die Auflagen der Bundesnetzagentur immer noch nicht erfüllt. Die Betreiber sagen, sie sind unschuldig. Doch nun drohen Bußgelder. (Bundesnetzagentur, Long Term Evolution)