9 votes

Rocket Lab introduces Neutron, an eight ton payload rocket

4 comments

  1. [4]
    lonjil
    Link
    They have a press release here. Basic facts: 4.5 meters wide, 40 meters tall, first stage reusable, planning to fly in 2024, and maximum payload to Venus is 1.5 tons. Also, Rocket Lab is set to go...

    They have a press release here.
    Basic facts: 4.5 meters wide, 40 meters tall, first stage reusable, planning to fly in 2024, and maximum payload to Venus is 1.5 tons.

    Also, Rocket Lab is set to go public in a merger with the SPAC Vector Acquisition Corporation.

    3 votes
    1. [3]
      Toric
      Link Parent
      I must admit, I am dissapointed to hear about them going public...

      I must admit, I am dissapointed to hear about them going public...

      2 votes
      1. GoodBob
        Link Parent
        Please forgive my ignorance, but why's that?

        Please forgive my ignorance, but why's that?

        1 vote
      2. lonjil
        (edited )
        Link Parent
        Likewise.It's a pretty large chunk of money they're getting out of it, so hopefully they can put it to good use. Apparently, 82% of ownership post merger will be held by Rocket Lab's current...

        Likewise.It's a pretty large chunk of money they're getting out of it, so hopefully they can put it to good use. Apparently, 82% of ownership post merger will be held by Rocket Lab's current owners/investors, hopefully they're interested in letting it continue to run as it has.

        Also, I must admit that the first thing I did despite my disappointment was buy shares of Vector Acquisition Corporation (VACQ)...

        E: though of course, maybe they're going public because the private investors want to jump ship or something.

        1 vote