What Happened
New Player Disrupts European Launch Landscape
Rocket Lab has announced the establishment of a new German subsidiary, Rocket Lab Germany GmbH, which will enable the company to produce satellites and deliver launch services on its Electron and Neutron vehicles. This move comes as European launch companies are working to debut new launch vehicles, with the goal of building up the continent’s sovereign launch capabilities and establishing a globally competitive launch sector. According to Payload, Rocket Lab’s entry into the market may disrupt the plans of local launch companies, which are already facing challenges in terms of launch pad availability and funding.