hhhh
Newsletter
Magazine Store
Home

>>

Industry

>>

Space

>>

Rocket Lab Sets Its Sights on ...

SPACE

Rocket Lab Sets Its Sights on the Stars: $1 billion bid for Pentagon launch contracts with New Neutron Rocket!

Rocket Lab Sets Its Sights on the Stars: $1 billion bid for Pentagon launch contracts with New Neutron Rocket!
The Silicon Review
05 November, 2024

Rocket Lab aims to disrupt the aerospace sector by bidding for Pentagon contracts with its new Neutron rocket

Rocket Lab officially announced its desire to bid for Pentagon launch contracts with its new medium-lift missile, Neutron, in a daring move that is certain to shake up the aerospace industry as a whole. The U.S. Space Force has taken this tactical choice as it seeks an alternative launch company to contend with SpaceX and other well-established firms in military space operations. Peter Beck, the CEO and designer of Rocket Lab, said he is thrilled about competing in the National Security Space Launch (NSSL) Phase 3 Lane 1 program and that Neutron is a good fit for the job. Rocket Lab aims to fulfill the Space Force's needs for fast and dependable launches of less sensitive payloads, with a first launch readiness anticipated by December 2025.

At an unbelievable $5.6 billion over five years, the NSSL Lane 1 effort seeks to promote competition among up-and-coming launch providers. The arrival of Rocket Lab into that sector may offer much-needed choice in launch options as the military struggles with growing national security requirements. Rocket Lab has proven itself as an effective rival in the competitive field of military space launches because of its successful Electron rocket and significant government backing for the development of the Neutron.

NOMINATE YOUR COMPANY NOW AND GET 10% OFF