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Cavalier Air Force Station to be renamed Cavalier Space Force Station

Cavalier Air Force Station to be renamed Cavalier Space Force Station
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Rocket Lab to return Electron to flight with dedicated US Space Force mission

Rocket Lab to return Electron to flight with dedicated US Space Force mission July 28, 2021 Rocket Lab is preparing for the 21st flight of their Electron small satellite launch vehicle, which is set to return to flight following a mission failure over two months ago. The launch will carry a satellite for the United States Space Force on a dedicated trip . The launch window for Electron opens at 06:00 UTC on 29 July and lasts two hours. Launch opportunities continue for 12 days into early August if the launch is delayed for any reason. Electron is scheduled to lift off from Rocket Lab‘s LC-1A launch site on Mahia Peninsula, located on the Eastern Coast of New Zealand’s North Island, which has been the launch site for all of Electron‘s previous launches. This mission was originally meant to mark the first Electron launch out of Rocket Lab’s second launch site, LC-2, located on Wallops Island in Virginia, although the mission was moved to New Zealand after Rocket Lab encount

Rocket Lab has racked up losses of $290m over past eight years

That was because of what Deloitte described as a “history of recurring losses from operations, negative cashflows from operations and a significant accumulated deficit”. Vector shareholders will vote on August 20 on a proposal to merge with the Kiwi-founded business, turning Rocket Lab into a publicly-listed firm. Vector said in its filing that it expected net losses to continue “for the next several years”. But it said there was a significant market opportunity for Rocket Lab that it intended to capitalise on by continuing to invest aggressively. Although the auditor’s warning may sound ominous, United States technology news website Ars Technica said the losses and warnings were unlikely to cool the appetite of investors in Rocket Lab, noting that the initial public offering would provide Rocket Lab with about US$467m in cash.

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