rocket lab usa

At 6 p.m. local time, an Electron rocket took off from the company’s new launchpad, located on Wallops Island, Virginia, carrying a trio of small satellites to orbit. Rocket Lab USA Inc. launched its first rocket to space from the Virginia coast on Tuesday. At 6 p.m. local time, an Electron rocket took off from the company's new launchpad, located on Wallops Island, Virginia, carrying a trio of small satellites to orbit. Rocket Lab, based in Long Beach, California, is mainly focused on launching small satellites. It…

SpaceX is pushing to increase its flight rate this year as competitors work to debut new vehicles for the launch market. The rocket-and-satellite company Elon Musk leads is aiming to conduct up to 100 orbital flights in 2023, Mr. Musk said in a tweet last August. That would represent a 64% jump compared with the 61 missions the company handled last year—itself the top number among private and government rocket launchers around the world, according to a new report from astrophysicist Jonathan…

Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil, VC firm Space Capital said. Decades-high inflation, rapidly rising interest rates and the Ukraine war have roiled global financial markets, forcing investors to evaluate their investment strategies and focus on companies with viable products in the market. Investments in space technology companies, which collect, process, and analyse space-related data, fell…

This column is part of the sixth annual Heard on the Street stock-picking contest.Investors in 2022 have decided they hate moonshots. They should make an exception for a firm that has actually gone to the moon. On Thursday, a spy satellite run by the U.S. National Reconnaissance Office shot into space from New Zealand. The rocket carrying it, the Electron, was built by Rocket Lab, RKLB 2.06% a U.S.-Kiwi startup founded in 2006 by self-taught rocket engineer…

US rocket companies are facing the daunting task of ferrying hundreds of satellites to space in the coming years as sanctions sideline the Russian space launch industry.SpaceX, Astra Space, and Rocket Lab USA are among a handful of US companies expected to fill the vacuum, but industry officials have doubts about their capacity to quickly ramp-up.As the race between companies, including Elon Musk-owned SpaceX's Starlink and Amazon's Project Kuiper, for building giant satellite constellations to beam broadband Internet…