Rocket Lab stock falls after delaying Neutron rocket to 2027
Long Beach, Calif. - Rocket Lab Corporation has delayed the debut of its Neutron rocket to 2027, the company announced on Wednesday. The Neutron launch vehicle, designed for medium-lift missions, was described as a reusable rocket in development by Rocket Lab. The company posted a presentation with further details about the delay on its investor relations website.
Currently, Rocket Lab operates the Electron and HASTE small-lift rockets, which serve commercial, government, and defense missions. The company stated that its satellites and components have been utilized in over 1,700 missions in Earth orbit and deep-space exploration. No specific reasons were provided for the schedule adjustment in the release.
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- Rocket Lab delays Neutron rocket debut to 2027 investing.com
