Business Standard

Rocket Lab puts satellites in orbit for Ist time in successful test flight

Fast-growing Rocket Lab has invested roughly $100 million in the venture so far, supports a growing payroll of about 200 employees and has about half a dozen rockets currently in production

Rocket Lab ,space-transportation startup ,New Zealand, Elon Musk,satellites,orbit,rocket launch,U-Newzealand base dcompany
Premium

Rocket Lab CEO Peter Beck envisions offering a breakthrough service for small satellites weighing hundreds of pounds. Photo: Reuters

Andy Pasztor | WSJ
Rocket Lab, a space-transportation startup promising frequent, economical launches of small satellites on rockets featuring 3-D printed engine parts, successfully blasted its first payload into orbit from a remote New Zealand pad.

The flight was closely watched by the international aerospace community as a harbinger of less-expensive rides to space. Peter Beck, the company’s founder and chief executive, envisions offering a breakthrough service for small satellites weighing hundreds of pounds similar to the way Elon Musk’s Space Exploration Technologies revolutionised options for much larger payloads weighing thousands of pounds.
 
At roughly 2:45 pm local time Sunday, the countdown proceeded smoothly—following

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in