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Stock impact report

Rocket Lab Completes Archimedes Engine Build, Begins Engine Test Campaign [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
LONG BEACH, Calif., May 06, 2024 BUSINESS WIRE )--Rocket Lab USA, Inc. (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it has completed the first full assembly of its Archimedes engine, the new 3D printed, reusable, rocket engine for the Company's Neutron medium lift launch vehicle. Rocket Lab has now begun an intensive test campaign that will feature a number of engine system activations leading up to a first Archimedes hot-fire. The Archimedes test campaign will take place at Rocket Lab's dedicated engine test stand at America's largest rocket propulsion test site, NASA's Stennis Space Center in Mississippi. As an oxidizer rich staged combustion cycle powered by liquid oxygen and methane, Archimedes is a unique rocket engine of its thrust class, engine cycle, and propellant combination. The engine is designed for maximum reusability, with an operating point that allows the engine to operate at a lower stress le Show less Read more
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