Rocket Labs is launching its Electron rocket for payloads of about 200-300 kg. They will try to launch 22 missions in 2024. They will continue developing a new engine and new rocket to reach a reusable Neutron, Falcon 9 class rocket. It is looking the engine program is a bit behind schedule and the first launch of Neutron could be in 2025 instead of 2024.
Rocket Labs might be able to achieve profitability in 2026.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
Q: How to make a small fortune in the space launch business?
A: Start with a large one.