Rocket Report: Chinese rockets fail twice in 12 hours; Rocket Lab reports setback
Welcome to Edition 8.26 of the Rocket Report! The past week has been one of advancements and setbacks in the rocket business. NASA rolled the massive rocket for the Artemis II mission to its launch pad in Florida, while Chinese launchers suffered back-to-back failures within a span of approximately 12 hours. Rocket Lab's march toward a debut of its new Neutron launch vehicle in the coming months may have stalled after a failure during a key qualification test. We cover all this and more in this week's Rocket Report.
As always, we welcome reader submissions. If you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets, as well as a quick look ahead at the next three launches on the calendar.
Australia invests in sovereign launch. Six months after its first orbital rocket cleared the launch tower for just 14 seconds before crashing back to Earth, Gilmour Space Technologies has secured 217 million Australian dollars ($148 million) in funding that CEO Adam Gilmour says finally gives Australia a fighting chance in the global space race, the Sydney Morning Herald reports. The funding round, led by the federal government's National Reconstruction Fund Corporation and superannuation giant Hostplus with $75 million each, makes the Queensland company Australia’s newest unicorn—a fast-growth start-up valued at more than $1 billion—and one of the country’s most heavily backed private technology ventures.