Electron
The first Electron launch vehicle at Rocket Lab's New Zealand launch site, awaiting launch in the coming months. Credit: Rocket Lab

WASHINGTON — Rocket Lab, a U.S.-New Zealand company developing a small launch vehicle, announced March 21 that it has raised an additional $75 million that will help the company scale up production of the rocket.

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Jeff Foust writes about space policy, commercial space, and related topics for SpaceNews. He earned a Ph.D. in planetary sciences from the Massachusetts Institute of Technology and a bachelor’s degree with honors in geophysics and planetary science...