Manifest Space: Back on Track with Rocket Lab CEO Peter Beck 11/16/23
Closing Bell
CNBC
4.4 • 141 Ratings
🗓️ 16 November 2023
⏱️ 12 minutes
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| 0:00.0 | Rocket Lab is looking to get its launch business back on track. |
| 0:04.0 | Founder and CEO Peter Beck says the company now expects to resume |
| 0:08.0 | launches as soon as the end of November, |
| 0:10.0 | just over two months after a complex mission failure involving its electron rocket. |
| 0:15.0 | It was a very, very difficult anomaly to try and resolve. |
| 0:19.0 | Naturally, you know, the vehicle has so much heritage and so much flight that you know time now that |
| 0:24.0 | anything anything that that happened wasn't going to be like super simple |
| 0:28.0 | somebody forgot to plug something in or something like that it was going to be |
| 0:30.8 | deeply complex which it was and but the team was able to |
| 0:34.7 | push through resolve it to get to root cause and put some mitigated you know fixes |
| 0:39.7 | in there that that will you know won't see that coming back. On this episode, Beck discusses the action-packed launch manifest for 2024, roughly two missions |
| 0:48.7 | per month, the latest on the new more powerful neutron rocket, |
| 0:53.0 | the space systems business, which is actually the company's biggest, |
| 0:57.0 | and launching hypersonic drones for the Pentagon. |
| 1:00.0 | I'm Morgan Brennan, and this is Manifest Space. |
| 1:05.0 | So you just came off of earnings earlier in the month. |
| 1:09.0 | I think maybe let's start there because it wasn't just about the financial results for the |
| 1:13.1 | quarter but it was also the fact that you are opening up your next launch |
| 1:16.4 | window for electron which is the end of this month and which marks two and a half |
| 1:20.6 | months since your last mission which we know failed. |
| 1:25.0 | Yeah, no, it's, it was a very, very difficult anomaly to try and resolve. |
| 1:31.0 | Naturally, you know, the vehicle has so much heritage and so much |
... |
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