Rocket Lab Announces New Neutron Rocket

Following the announcement of its public market debut via a SPAC, Rocket Lab has revealed a new rocket currently under development. This launch vehicle, designated Neutron, is engineered to deliver payloads of up to eight metric tons (approximately 18,000 lbs.) to orbit.

Increased Payload Capacity

Neutron’s cargo capacity significantly surpasses that of Rocket Lab’s existing Electron rocket, which is limited to around 660 lbs. A key feature of Neutron will be its fully reusable first stage.

This first stage is designed for landings on ocean platforms, mirroring the approach utilized by SpaceX with its Falcon 9 booster.

Addressing Market Demand

Rocket Lab anticipates Neutron will cater to the growing demand for launching large constellations of satellites. The increased lift capability will enable the deployment of more small satellites in a single launch, accelerating constellation deployment.

According to Rocket Lab, Neutron will be capable of delivering up to 98% of all spacecraft projected to launch through 2029.

Beyond Constellations

The rocket is also intended to provide resupply services to the International Space Station. Furthermore, Rocket Lab has indicated plans for Neutron to support human spaceflight missions, marking a potential expansion into crewed space travel.

Efficiency and Production

Neutron’s design prioritizes efficiency and reusability, which will improve costs and overall economics compared to the Electron. The rocket will launch from Rocket Lab’s facility in Wallops, Virginia.

Leveraging existing infrastructure, the company projects its first Neutron launch as early as 2024.

To support production, Rocket Lab plans to establish a new manufacturing facility within the U.S. dedicated to building Neutron rockets at scale.

Medium-Lift Market

While Neutron won’t match the capacity of SpaceX’s Falcon 9, it is designed to carry smaller payloads to the Moon and beyond into deep space. The medium-lift launch segment is currently experiencing heightened interest.

This is driven by forecasts of substantial growth in the number and diversity of satellite constellations planned by both private and public entities over the next decade.

These constellations offer benefits in terms of cost-effectiveness and coverage for applications like communications and Earth observation.

Relativity Space, another emerging rocket company, has also recently announced plans for a larger launch vehicle to complement its smaller rocket.