Tag: Rocket Lab
Rocket Lab’s order backlog tops $141M as the company inks five-launch deal with Kinéis
It was a busy first half of the year for U.S.-New Zealand company Rocket Lab, which posted earnings for the first six months of 2021 on Wednesday – the first such reporting since the company went public last month. Rocket Lab reported revenues for the six-month period of $29.5 million.…
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Peter Beck on Rocket Lab’s public listing debut, space SPACs and the Neutron rocket
Peter Beck’s earliest memory is standing outside with his father in his hometown of Invercargill, New Zealand, looking up at the stars and being told that there could very well be people on planets orbiting those stars looking right back at him. “For a three or four year old, that…
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Astra targets first commercial orbital launch for August 27
Astra’s last test launch went better than expected, nearly achieving orbit — kind of a stretch goal for that specific mission. The company at the time said that it would only need to tweak software to reach an orbital destination, and now we know when it’s going to get the…
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Rocket Lab’s 20th Electron launch ends in failure with the loss of its payload
Rocket Lab flew its 20th Electron mission on Saturday morning, but the launch ran into a significant issue just after its second stage engine ignited. The engine appeared to shut down just after the ignition, which is not what it’s supposed to do, and which is likely the result of…
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Rocket Lab to recover the booster from its next Electron launch as it pursue reusability
Rocket Lab is preparing for its next launch, currently set to take place in May from its launch facility in New Zealand. The payload for the flight are two satellites to join BlackSky’s Earth observation constellation, but Rocket Lab has a secondary goal crucial to its aim of adding reusability…
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Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company
The man who arguably ushered in the current SPAC rush with the merger of Virgin Galactic with his Social Capital Hedosophia holding company has divested the remainder of his personal holdings in the space tourism company. Chamath Palihapitiya, who serves as the Chairman of Virgin Galactic’s board, still holds 6.2%…
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