Rocket Lab to fire up first tests of new engine next year - CEO

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Rocket Lab to fire up first tests of new engine next year - CEO
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Launch company Rocket Lab by next year plans to conduct initial hot-fire tests of a new, more powerful engine that will power its next-generation Neutron rocket, the company's chief executive told Reuters.

"We'll start to see tanks roll out of the factory by the end of this year," Rocket Lab USA Inc Chief Executive Peter Beck said in an interview on Wednesday, referring to the first carbon composite molds of Neutron's booster stages."We've got preburner tests planned very shortly, then get into full scale hot fires next year," he said of Neutron's liquid oxygen- and methane-fueled engines, named Archimedes.

Rocket Lab aims to fly Neutron for the first time in 2024. Beck said engineers are focused on development and declined to discuss specifics on customer interest.

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