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Page 4 - திசையன் கையகப்படுத்தல் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rocket Labs CEO pushes forward with plans to bring down the cost of space travel

SpaceX has competition in the form of space startup Rocket Lab, as the firm plans an ambitious Venus mission, develops a rocket that can send humans into space and also launch mega-constellation satellites into orbit. This move comes off the back of a $4.1 billion listing on the Nasdaq exchange that has allowed the California firm to move away from small-scale satellite launches.  Founder, CEO and CTO of Rocket Lab, Peter Beck, told MailOnline the goal is to bring down the cost of getting small satellites into space, and make it cheaper for universities to send experiments to the moon, Mars and Venus. 

Applied Signal Tech (APSG), Cai International (CAP), DISH Network (DISH), Nustar Gp Holdings Llc (NSH), Open Table (OPEN) - SPACs Attack Weekly Recap: Looking Back On 9 Deal Announcements, Rumors And Headline News

Applied Signal Tech (APSG), Cai International (CAP), DISH Network (DISH), Nustar Gp Holdings Llc (NSH), Open Table (OPEN) - SPACs Attack Weekly Recap: Looking Back On 9 Deal Announcements, Rumors And Headline News
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

SHAREHOLDER ALERT: Rigrodsky Law, P A Announces Investigation of Vector Acquisition

Rocket Lab to Go Public, Unveils Medium-Lift Neutron Rocket

Launcher Rocket Lab plans to go public through a special purpose acquisition company (SPAC) to finance development of reusable launch vehicle with an 8-ton payload capacity, called Neutron.  Rocket Lab on Monday announced its plans to go public through a merger with Vector Acquisition Corporation, in a deal that will value the company $4.1 billion. A group of 39 institutional investors have committed to participate in the transaction through a significantly oversubscribed PIPE of approximately $470 million.  Rocket Lab, headquartered in Long Beach, California is a leader in small satellite launch. The company has executed 18 launches since 2017, deployed 97 satellites to orbit with its Electron rocket. The company is also working toward rocket reuse, and successfully performed a first stage splashdown in a November 2020 launch. The company is targeting first re-flight of a full booster for 2022. But Rocket Lab is more than a launch company, and is working toward being an end

Tesla Motors, Inc (NASDAQ:TSLA), Etsy Inc (NASDAQ:ETSY) - Green Eggs & SPAC: What Could Tweet From Elon Musk Mean?

What It Could Mean: The tweet from Musk could be a sign of support for SPACs, but given the history Musk has with SPACs that could be unlikely. In November, Musk tweeted “caution strongly advised with SPACs” in response to a Forbes cover story on “The Looming SPAC meltdown.” The tweet about Green Eggs & SPAC also came after Musk seemed to take a shot at a rival company going public via SPAC. On Monday, SpaceX competitor Rocket Labs announced a SPAC merger with Vector Acquisition Corporation (NASDAQ:VACQ). “Looks familiar haha. Neverthelesss, the right move. Congrats to Rocket Lab,” Musk tweeted in response to a tweet from a small account showing the Neutron rocket unveiled by Rocket Lab.

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