“Having a completed Archimedes engine on the test stand is an inflection point in Neutron’s development program. Now we’ve entered the home stretch where we breathe fire and refine the engine in preparation for first flight,” said Rocket Lab founder and CEO, Peter Beck. “Often with engine development plans there can be a rush to get a minimum viable product to the stand, after which you have to spend years in redesign and iterative testing to get the performance you need, let alone being able to reproduce it reliably on a large production scale. What we’ve taken to the test stand is very close to a flight-like engine, and with all of our production infrastructure stood up alongside the engine’s development, we’re in a prime position to be able to make quick iterations to Archimedes for a rapid development and qualification campaign. We took the time to not only bring a mature design to the stand that has been thoroughly tested at component level, but to also stand up the experienced team, manufacturing line, and test facilities required to support long term production of Archimedes. This approach has ultimately pushed the first flight to mid-2025 at the earliest, but it’s an approach we believe will deliver the frequent flight rates the market needs quickly after flight one. Designing a brand-new rocket engine to meet the market demand for frequent and reliable launch is complex feat, but it’s something we’ve successfully done before, having launched more than 470 Rutherford engines to space. We look forward to repeating this success with Archimedes.”LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab”, or “the Company”), a leading launch and space systems company, today revealed it has selected NASA’s historic Stennis Space Center in Mississippi as the location of its engine test facility for its reusable rocket, Neutron.
The Archimedes Test Complex will be located within the larger A Test Complex at Stennis Space Center across a 1 million square foot area for 10 years, with an option to extend the lease for an additional 10 years. The Archimedes Test Complex will include exclusive use and development of existing industrial NASA infrastructure and the Center’s A-3 Test Stand to develop and test Neutron’s Archimedes reusable engines. Rocket Lab has also secured a capital investment incentive from the Mississippi Development Authority to further develop the facilities and infrastructure at Stennis for Neutron. By expanding Stennis Space Center to include the Archimedes Test Complex, Rocket Lab is expected to create dozens of new jobs and make significant capital investments in the state of Mississippi.
Neutron is Rocket Lab’s reusable rocket in development, designed as a cost-effective, reliable, and responsive launch service to help build mega-constellations, deliver large spacecraft to low-Earth orbit, geostationary orbit, and interplanetary destinations, and to support a sustained human presence in space. Neutron will be powered by in-house designed and manufactured Archimedes reusable rocket engines and an advanced upper stage to enable high performance for complex satellite deployments.
Rocket Lab Founder and CEO, Peter Beck, says: “Before rockets flew to the Moon, they first had to go through Mississippi, and as we build a new rocket to reshape space access once again, Stennis is a fitting location for Neutron. Creating a test complex from scratch to the scale and complexity needed to test and develop Archimedes would have had an inconceivably long lead time, so the fact that we’ve secured Stennis and can leverage its existing infrastructure and test stand puts us on the fast-track to Neutron’s first launch. The icing on the cake is having fantastic partners like NASA and the state of Mississippi behind us to bring innovative rocketry, economic development, and new jobs to the Gulf Coast.”
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Didn’t know that. Good information.
i was all set to cop (price is really low at the moment) but gotta wait for the market to open tomorrowSkyWater Technology Reports First Quarter 2024 Results
SkyWater Technology Reports First Quarter 2024 Results
BLOOMINGTON, Minn., May 08, 2024--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2024 ended March 31, 2024.finance.yahoo.com
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It fell below 7 dollars