Watch Out, Elon Musk: SpaceX Rival Joins Reusability Club With 3D Printed Pre-Flown Engine Launch
Portfolio Pulse from Anan Ashraf
Rocket Lab USA Inc (NASDAQ:RKLB) has successfully launched a pre-flown 3D-printed Rutherford engine, marking a significant step towards rocket reusability. The launch deployed a satellite for American space tech company Capella. This development comes after SpaceX CEO Elon Musk's warning that rocket manufacturers must focus on reusability or risk becoming obsolete.
August 24, 2023 | 10:32 am
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Rocket Lab's successful launch with a pre-flown engine marks a significant step towards rocket reusability, potentially positioning the company favorably in the space tech industry.
Rocket Lab's successful launch with a pre-flown engine demonstrates its capability to reuse rockets, a factor that SpaceX CEO Elon Musk has highlighted as crucial for survival in the industry. This could potentially boost investor confidence in the company's technological capabilities and future prospects.
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