Relativity Space made two attempts to launch a space rocket this week. Terran 1, which was almost entirely 3D printed. But both were unsuccessful.
What is known
The company was able to launch the rocket from the LC-16 pad at the US Space Force base, which is located at Cape Canaveral. An 8-hour launch window was opened for this. However, 1 minute before launch, the countdown was stopped due to fuel overheating.
The launch has been moved to March 11th. Relativity Space prepared for launch, but the mission was canceled seconds before liftoff due to technical issues. In the near future, the company should announce the date of the third attempt.
Relativity Space says 85% of the Terran 1 components are 3D printed. The cost of a single launch is $12 million, which is more than 5 times cheaper than the Falcon 9. The company is also working on a rocket, 95% of which is made using 3D printing.
Relativity Space claims to have built the world’s largest 3D printer, with which it can make parts for rockets. The company’s market capitalization is estimated at more than $4 billion. In addition, it was able to attract $1.3 billion of investments, despite the lack of successful launches.
Source: Relativity Space