New Zealand-based smallsat launcher Rocket Lab made headlines earlier this month when it announced plans to go public through a special purpose acquisition corporation (SPAC) and set a $4.1 billion valuation on the company. It also shared its plans to build a reusable, medium-lift vehicle called Neutron, with an 8-ton payload capacity.
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Read more: Rocket Lab’s Peter Beck Explains SPAC Strategy, Growth Targets, and Plans for Neutron