Skip to main content

Rocket Lab

See All Stories

Rocket Lab is a US SmallSat space launch and manufacturing company based in Long Beach, California. However, the company was founded in New Zealand by Peter Beck and has a large team of employees there.

Rockets

Rocket Lab operates two rockets commercially and is developing a new medium launch rocket. The company is recognized as #2 in the US commercial launch sector right behind SpaceX. However, there is a large gap between the two in numbers of launches per year, even excluding internal Starlink missions.

Electron

Rocket Lab currently launches its Electron rocket commercially and has had contracts with NASA, US Air Force and Space Force, and several commercial companies. While other companies attempted to compete against SpaceX and ULA in the medium to heavy lift markets, Rocket Lab has been attempting to corner the launch of smaller satellites.

Rocket Lab Electron rocket launching from LC-2
Image: Rocket Lab / Brady Kenniston

Electron is its primary rocket and first took flight back in 2017 but failed to reach orbit because the flight was terminated due to faulty ground equipment. In 2018, Electron launched for a second time and reached orbit, deploying three CubeSats for Planet Labs and Spire Global.

While Electron was not designed to be reusable, Rocket Lab has begun using parachutes and a heat shield on the bottom of the booster to recover it after flights. The company has reflown one of Electron’s first stage engines and plans to refly an entire booster in the near future.

HASTE

Rocket Lab has turned Electron into a sub-orbital hypersonic test vehicle called HASTE or Hypersonic Accelerator Suborbital Test Electron. Used to advance hypersonic technology for both the US Government and researchers, there isn’t much known about what is different between HASTE and a normal Electron rocket.

Neutron

Rocket Lab is also developing a larger rocket capable of competing for the vast majority of commercial contracts available. Called Neutron, the medium lift rocket will be designed from the ground up for reusability, landing the booster on a landing pad back near the launch site. Neutron is expected to first fly in 2024.

Site default logo image

Going public

In 2021, Rocket Lab joined several other space companies in going public via a SPAC merger. This gave the launcher about $777 million in additional funding to develop Neutron. While Rocket Lab has faired better than other “Space SPACs,” the company’s shares have dropped significantly since they became publicly available.

Rocket Lab has also expanded its offerings to more than just flights to space. The company develops its own in-house transfer stage and satellite busses. The company even builds solar panels through an acquisition it made in 2022.

This Week Ahead in Launches: Virgin Galactic returns to flight and more from SpaceX and Rocket Lab

This week is pretty exciting, with lots of activity from multiple companies and nations preparing to launch. However, the bigger story of the week will be Virgin Galactic’s return to powered flight with its VSS Unity spaceplane, its first powered flight since 2021.

Expand Expanding Close
space explored podcast

Space Explored Podcast 59: Will Rocket Lab end up the only SmallSat launcher in town?

This week Seth and Jared discuss the week’s news with one important company continually making headlines, Rocket Lab. Will the company end up owning the SmallSat launch sector like SpaceX does with the medium to heavy lift launches? It sure seems like the new launch market has slowed down a lot.

Subscribe

Expand Expanding Close

Rocket Lab eyeing 15 launches in 2023 and even more next year

The second most prolific US launch provider behind SpaceX has launched four missions so far this year and is set to launch much more with the company ramping up the production of its Electron rocket. The company hasn’t had an official goal like SpaceX going into the year, but after Tuesday’s earnings call, the bar has been set at 15 Electron launches for Rocket Lab.

Expand Expanding Close

Rocket Lab launches its first pair of NASA hurricane-watching satellites

Sunday evening, on a mission dubbed “Rocket Like a Hurricane,” Rocket Lab lifted off from LC-1B at its private spaceport in New Zealand with two NASA satellites designed to study hurricanes. This is the second launch of NASA’s TROPICS mission but the first with Rocket Lab and the first pair of satellites to reach orbit.

Expand Expanding Close
nasa worm electron

NASA CAPSTONE: Rocket Lab launches first official Artemis mission to the Moon – Launch Spotlight

Rocket Lab launched NASA’s CAPSTONE mission to the Moon Tuesday, June 28 at 5:55 a.m. EDT. The mission was originally planned to launch from Rocket Lab’s Wallops Island but due to the pad not being ready for service the mission was moved to LC-1 at the Mahia Peninsula of New Zealand.

Expand Expanding Close

Rocket Lab drops first caught Electron booster, but it’s not a failure

Earlier today, Rocket Lab launched its ‘There and Back Again’ mission. This was the first Electron launch to feature an air-based recovery, using a helicopter to catch the first stage that was descending under parachute. While the catch seemed good, and Rocket Lab confirmed success, groans heard from mission control made it clear that all was not quite as expected.

Expand Expanding Close

Rocket Lab successfully catches falling rocket with helicopter during ‘There and Back Again’ mission [Update: Not quite]

Reusability is a growing trend in spaceflight – from reusable capsules, space planes, and rocket boosters. Rocket Lab is going all-in on reusability with its Neutron rocket, as is SpaceX with its Starship, but before then, Rocket Lab has adapted and improved its Electron rocket for recovery and reuse.

Expand Expanding Close

Manage push notifications

notification icon
We would like to show you notifications for the latest news and updates.
notification icon
Please wait...processing
notification icon
We would like to show you notifications for the latest news and updates.
notification icon
Please wait...processing