Albuquerque, New Mexico — According to state and local development sources, Rocket Lab USA plans to invest $70,000,000.00 to build out new space in Albuquerque. The company is creating 100 new jobs at this facility. The company plans to occupy the new space in Albuquerque, on or about April 1, 2025. According to the company website Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, spacecraft components, satellites and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle and the Photon satellite platform and is developing the Neutron 8-ton payload class launch vehicle. Since its first orbital launch in January 2018, Rocket Labs Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 100+ satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Labs Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a second launch site in Virginia, USA which is expected to become operational in late 2022.

To learn more about Rocket Lab USA, visit http://www.rocketlabusa.com/

Company Contact:
Peter Beck, Chief Executive Officer
https://www.linkedin.com/in/peter-beck-ab7b63b/
714-465-5737

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.