New Zealand based Rocket Lab plans reusable booster rocket for satellite launches

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New Zealand based Rocket Lab plans reusable booster rocket for satellite launches GlobeTechnology

A Rocket Lab, Electron rocket carrying only a small payload of about 150 kilograms , lifts off from the Mahia Peninsula on New Zealand's North Island's east coast.Small-satellite launch firm Rocket Lab announced on Tuesday a plan to recover the core booster of its Electron rocket using a helicopter, a bold cost-saving concept that, if successful, would make it the second company after Elon Musk’s SpaceX to reuse an orbital-class rocket booster.

The Auckland, New Zealand-based company is one of a growing cadre of launch companies looking to slash the cost of sending shoebox-sized satellites to low Earth orbit, building smaller rockets and reinventing traditional production lines to meet a growing payload demand.Electron, which has flown seven missions so far, can send up to 496 pounds into space for roughly $7-million.

A helicopter will then hook the booster’s parachute in mid-air as it descends over the ocean and tow it back to a boat for recovery, Beck said.

 

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