
Rocket Lab plans new Neutron rocket, intends to go public
March 2 (UPI) -- California-based Rocket Lab, which has sent rockets into space 17 times using its small Electron vehicle, plans to launch a much bigger rocket called Neutron by 2024. As part of Rocket Lab's effort to raise funds for Neutron, it plans a public listing on the Nasdaq stock exchange by the end of June. Advertisement Rocket Lab is confident it will succeed, but humble enough to adapt and offer new products, founder and CEO Peter Beck said in an interview. "If we see market opportunities, then we will go after them. And don't get me wrong. ... Electron is still an incredibly important tool. We're not abandoning the small satellite market," Beck said. Neutron would be more than twice as high as its smaller predecessor. It would stand 131 feet tall and be capable of lifting ab...