Space — Rocket Lab's trillion dollar frontier

Rocket Lab reckons the total addressable space market is currently US$350 billion and anticipates that growing to US$1.4 trillion by the end of the decade.

Paul McBeth and Dan Brunskill

Wed, 03 Mar 2021

Peter Beck's audacious brainchild was founded in 2006 with a lofty goal of disrupting what had previously been the domain of the world’s superpowers.Beck’s principal aim through the start up stage was built on a desire to slash the US$130 million cost of a rocket launch to about US$5m. After a decade or so of research and development, he succeeded.The philosophy was simple — instead of pursuing big rocket technology, Beck focused on developing cheap and frequent launch services for the growing small satellite industry, ult...

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