For the remainder of 2018, however, Rocket Lab is focusing on the next two rockets. Its first full commercial mission, dubbed It’s Business Time, is scheduled to launch in November, and in December a flight for NASA will take off carrying 10 CubeSats.
“For us, the first big step was getting to orbit,” said Rocket Lab CEO Peter Beck. “We succeeded with that. The next big step is scaling facilities to meet demand. We’re not focusing on the next rocket. We’re focusing on the next 100 rockets.”
Rocket Lab will continue to build its 3D printed Rutherford engines, as well as electronic guidance systems, at its main production facility in Southern California. The new Auckland facility will focus on building fuel tanks and rocket cores. Rockets launching from New Zealand will eventually be integrated at facilities there, and rockets launching from Virginia will be integrated there. Rocket Lab won’t be shipping entire Electron boosters across the ocean, but it will be sending components, and the two facilities combined will allow the company to build up to 52 Electron rockets per year, launching once per week.
Rocket Lab plans to invest about $20 million into the new facility at Wallops, which will be located at the Mid-Atlantic Regional Spaceport. According to Beck, the company is looking at additional sites around the world as well.
The Electron rocket has a payload of 150kg to 225kg, and is boostable to a 500km sun-synchronous orbit. Rocket Lab faces stiff competition from a large number of other companies looking to deliver small payloads into outer space, but Beck believes that the company has an advantage from all that it has learned: that things like regulation, production facilities, and launch pads matter just as much if not more than the rocket itself.
Rocket Lab certainly has mustered a lot of effort, and for that fact alone, it’s likely to stay at the front of the crowd of companies jostling to get their small rockets into space. While determination alone doesn’t guarantee success, determination backed by a great deal of planning and capital is a much better bet, and Rocket Lab has shown itself to be willing and able to put forward plenty of both. [Source: Ars Technica]
“This is the thing,” he said. “It’s one thing to have a couple of hot fires and do a couple of suborbital launches and whatnot. For us, just going to orbit was a good milestone, but going to orbit once is just the start. The amount of effort that we’ve invested the last nine months, really, it’s been just extraordinary.”
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and recieve information and offers from thrid party vendors.
You May Also Like
“We Have Limitless Opportunities to Fuel Growth” Says Randy Altschuler after Xometry’s Q2 Earnings
The last few years have been rough for the capital market. Between the Covid-related economic slowdown, inflation’s impact on stock returns, and an ongoing war in Ukraine, the stock market...
Metal 3D Printing Firm Velo3D Announces Impressive Q2 Earning
US financial markets appear to be in a state of limbo. For one thing, there are few clear opinions circulating concerning the question as to whether the American economy is,...
3D Printing News Unpeeled, Live with Joris Peels Thursday 11th of August
Today we’re going to discuss 3D printed sunglasses from Givenchy, 3D printing drone swarms, more sustainable 3D printing materials for buildings by ORNL, 3D printing earnings season and more.
3D Printing News Unpeeled, Live with Joris Peels – Wednesday 10th of August
Today we’re going to discuss 3D printed razors, CERN and more in this live cast of the 3D Printing news.