Rocket Lab mission fails shortly after launch

Rocket Lab mission fails shortly after launch

Mr Beck said the spacecraft, which was launched from Rocket Lab's pad in the Hawke's Bay, was insured.

"We will leave no stone unturned to figure out what happened today so we can learn from it, and get back to the pad", Beck said.

Rocket Lab cut the live stream at that point and it was later announced that the mission failed.

"The financial loss here is generally covered from our customers by insurance. but the bigger loss for us as a company is the time it'll take to investigate it fully and make the corrective action to the launch vehicle", Mr Beck said.

"We are deeply sorry to the customers on board Electron", the Auckland, New Zealand-based company said.

"As a result, the payloads onboard Electron were not deployed to orbit".

"Let me put it this way, I'm not naming anything after the number 13 ever again and I'm not a superstitious person", Beck said when asked to give comment on the unlucky number and in reference to Apollo 13 moon flight that failed two days into the mission.

Rocket Lab co-founder Peter Beck.

In a statement on its website, Rocket Lab said it had experienced an "anomaly" four minutes into the flight and was working closely with the Federal Aviation Administration in the United States to identify the cause.

The mission appeared to be progressing as intended, but the launch vehicle appeared to experience unexpected stress during the "Max Q" phase of launch, or the period during which the Electron rocket experiences the most significant atmospheric pressure prior to entering space. It was supposed to be demonstrating an Earth imaging camera system ahead of plans for mass production.

"Today's anomaly is a reminder that space launch can be unforgiving, but we will identify the issue, rectify it, and be safely back on the pad as soon as possible".

And, it said: "Planet's satellites are capable of imaging the Earth's entire landmass on a near-daily basis".

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