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U.S. Department of War·

The Department of War's Office of Strategic Capital Signs $150 Million Conditional Loan Commitment With Rocket Lab

  • The Office of Strategic Capital announced a $150 million conditional loan commitment to Rocket Lab USA, Inc.
  • The funding aims to increase the flight rate of the reusable Neutron rocket beyond its first launch.
  • Funds will support faster vehicle delivery, fleet expansion with additional maritime recovery vessels, & manufacturing upgrades for composite structures & engines.
  • Rocket Lab's Neutron rocket is designed to deliver approximately 13,000 kg to Low Earth Orbit for commercial, national security, & interplanetary missions.
  • OSC Senior Vice President Peter F. Anderson stated the commitment strengthens U.S. launch capacity with a repeatable platform.
  • Rocket Lab must satisfy financial, legal, technical, & due diligence requirements before the loan reaches financial close.
  • Under Secretary of War Emil Michael emphasized the transaction supports President Trump's vision for space superiority & national security.