Lockheed invests in Rocket Lab's U.S. unit to keep pace with innovation

WASHINGTON, March 2 (Reuters) – Lockheed Martin Corp said on Monday it had made a strategic investment in the U.S. unit of New Zealand’s Rocket Lab, which is building a carbon-composite rocket, the Electron, to launch small satellites into orbit for less than $5 million.


Source: Technology Sector News

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