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This is CBS Eye in the World. I'm John Bachelor from the surface of the planet Earth, New Zealand.

We're staying on the surface of the planet. We're Earth with Bob Zimmerman.

He keeps the website behind the black. Bob, what is electron? Good evening to you.

Good evening, John. Electron is the rocket that rocket lab has been flying now since 2017.

Almost always successful, not always. Two-port small satellites into audit as a profit,

making a new startup rocket company. They've been on a string of successful launches,

which has been great. They are actually in my regular posts of the launch rates in 23.

They are among the leaders. In fact, they're ahead of the old space, big companies like North

of Grumman and ULA and Ariana Space in Europe. They make those companies look nothing

in comparison to what they've been doing, except this week, they attempted a launch from New Zealand.

Unfortunately, it was a failure. This is not a good thing, but it's rocket science.

The launch appeared to be going well until they separated the first stage from the second stage.

At that point, the second stage was supposed to ignite its engine to continue its trajectory

up into orbit. Instead, we suddenly lost communications. The data that was available on the live

stream indicated it was slowing down instead of accelerating. Something took place at that

...