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Rocket Lab s Peter Beck reveals details of second retrieval mission, dismisses IPO ambulance chasers
12 May, 2021 05:40 AM
5 minutes to read
Rocket Lab chief executive Peter Beck. Photo / Supplied
Rocket Lab chief executive Peter Beck has revealed more details of his company s second rocket retrieval mission - which could be as soon as Saturday when a 10-day launch window opens - and told media
that everything is on track for his company s US$4.1 billion ($6b) Nasdaq listing in the second quarter.
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The listing will be through a merger with Cayman Islands-incorporated Vector Acquisition, an example of the spac (special-purpose acquisition company or blank cheque company ) phenomenon that has recently become de rigueur for tech listings in the US because, in the manner of a reverse listing, it eases red tape, and lowers costs and disclosure thresholds. ....

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