Pentagon backs Rocket Lab’s Neutron expansion as Electra wins USAF test contract and France funds €1.5B-plus military satellite
The Pentagon conditionally committed a $150 million loan to expand Rocket Lab’s Neutron production and launch capacity, as the company also reported more than $515 million in launch contracts. Separately, the USAF awarded Electra $4.7 million for EL9 acoustic testing, while France contracted Airbus and Thales to develop two IRIS reconnaissance satellites.