A NASA-funded smallsat mission to Mars that lost its ride last year may get new life through a partnership with Rocket Lab.
The new head of Virginia’s commercial spaceport on Wallops Island says he wants to increase launch activity at the site, while acknowledging that there are limits as to how big it can grow.
Rocket Lab said June 2 that it is continuing to study the “complex failure” on its most recent Electron launch, even after receiving approval from the Federal Aviation Administration to resume launches.
Rocket Lab said an Electron rocket failed to reach orbit May 15 when the vehicle’s computer system detected a problem with the second stage engine and shut it down.
The next launch of Rocket Lab’s Electron rocket will be the second mission where the company attempts to recover the vehicle’s first stage as part of its efforts to reuse the booster.
The Center for the Study of the Presidency & Congress released a new report May 4 calling on the U.S. government to accelerate the procurement of commercial space technologies and manage growing congestion in low-Earth orbit.
The space market is at a watershed moment as private and public investments continue to surge.
New accounting rules have thrown a wrench into a SPAC machine that has been catapulting space companies to the public markets.
BlackSky announced March 25 it signed an agreement with Rocket Lab to launch eight satellites before the end of 2021.
The SPAC boom has reshaped the space startup sector. Until recently, there was plenty of capital flowing into startups but few exits. SPACs offer, in some sense, the best of both options: an influx of capital associated with going public, but without the overhead of a traditional IPO.
A growing realization of the need for a medium-class launch vehicle led Rocket Lab to speed up its plans to go public by merging with a special-purpose acquisition company (SPAC).
Rocket Lab, a developer of launch vehicles and smallsats, will merge with a special-purpose acquisition company (SPAC) to support development of a larger launch vehicle, part of the latest wave of deals to take space companies public.