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Podcast: Valley of Depth
Episode: Evolution of Terran R, with Tim Ellis (Relativity Space)
Description: Relativity Space CEO Tim Ellis knows what went wrong during Terran 1’s first flight—and he shared with Payload why he is confident the same thing won’t happen to the startup’s Terran R rocket.What’s next: After the March flight, Relativity announced that it was scrapping Terran 1 development to focus solely on its larger Terran R vehicle.Ellis emphasized that this shift is not merely about scaling size, but also better aligning with market demands ($1.8B Terran R pipeline) and the broader vision of the company.Overall R&D costs should be...