Rocket Lab Reaches Space

Huntington Beach-basd Rocket Lab, a startup developing small satellite launch vehicles, says it successfully launched its first Electron rocket into space. The company said it reached space a 16:23 New Zeland time, after a launch from a location on the Mahia Peninsula in New Zealand. Rocket Labs, led by CEO and co-founder Peter Beck, has been building a small rocket specifically for use as a private orbital launch vehicle. Rocket Lab is now officially the second, private space rocket startup in the Los Angeles area to reach space, joining space rocket veteran SpaceX. Rocket Lab said, despite the success in reaching space, its rocket did fail to reach orbit. The company said it is investigating those issues.