NasdaqCM:RKLBAerospace & Defense
Rocket Lab Neutron Test Setback Puts Timeline And Valuation In Focus
Rocket Lab's Neutron rocket experienced a Stage 1 tank rupture during qualification testing.
The incident occurred during routine stress testing of the first stage structure.
The company plans to provide a schedule update for Neutron at its upcoming earnings call.
Neutron is Rocket Lab's next generation medium lift launch vehicle and a key part of NasdaqCM:RKLB's strategy to expand beyond small satellite missions. The rocket is central to the company's efforts to compete for larger...