There's a burgeoning sector within the space industry of small, privately-built rockets and Morgan Stanley highlighted Rocket Lab as a disruptive front-runner.
Small, privately built rockets are a burgeoning sector within the space industry, and out of more than 100 competitors, Morgan Stanley says Rocket Lab stands out as a disruptive front-runner.
The company makes and operates the 56-foot tall Electron rocket, which costs about $5.7 million a launch. Electron can send spacecraft about the size of refrigerator into orbit, far smaller than the payloads of bigger rockets. The note is the latest in Morgan Stanley's"Space Disruptor Series," which features commentary on 90 companies by Morgan Stanley's "Space Team," which is led by Jonas.
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