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Relativity Space inks deal with OneWeb, reaches $1.2B in Terran R launch contracts

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Relativity Space inks deal with OneWeb, reaches $1.2B in Terran R launch contracts

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Relativity Space will be sending OneWeb’s second-gen broadband satellites to orbit starting in 2025 using its fully reusable 3D printed rocket Terran R, under a new multi-launch agreement.

While Relativity declined to share the financial terms of this specific deal, the company did confirm that the agreement is for a number of launches in the double-digits.

OneWeb had to scramble to find alternate launch arrangements after it said it would no longer use Russia’s Soyuz rockets, a direct result of the series of sanctions imposed by much of the Western world after Russia’s invasion of Ukraine in February.


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Article Details

Author / Journalist: Aria Alamalhodaei

Category: Technology

Topics: OneWeb Terran R TC Aerospace Tim ellis Relativity Space Terran 1 Space

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 15:12:05

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 4 minutes read

Article Length: 657 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23176

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