The cost of a Rocket Lab Electron rocket for a single launch is approximately US$7.5 million. This figure represents the price clients typically pay for a dedicated mission to deploy their payloads into orbit using this small-lift launch vehicle.
Beyond the per-launch cost, the overall investment in developing the Rocket Lab Electron project was substantial, estimated at US$100 million. This project cost encompasses the extensive research, design, engineering, and testing phases required to bring the rocket from concept to its operational readiness.
Rocket Lab Electron: Key Cost and Specifications
To provide a clear understanding of the financial aspects associated with Rocket Lab's Electron, its flagship orbital rocket, here is a summary:
| Cost Type | Amount |
|---|---|
| Cost Per Launch | About US$7.5 million |
| Project Development Cost | US$100 million |
The Electron is distinguished by its innovative use of 3D-printed Rutherford engines and its lightweight carbon composite structure. Standing at an impressive 18 meters (59 feet) tall, it is specifically designed to provide flexible and frequent access to space for small satellites, making it a preferred choice for various commercial, academic, and governmental entities. Its competitive per-launch cost and dedicated mission capability offer a valuable solution for the growing small satellite market.
For more comprehensive information regarding the Rocket Lab Electron's design and capabilities, you can explore the Rocket Lab Electron Wikipedia page.
