KEY POINTS
  • Rocket Lab on Thursday took what CEO Peter Beck described as a "huge milestone" in its work to reuse rockets.
  • The company recovered the booster of its Electron rocket after it splashed down in the Pacific Ocean.
  • Rocket Lab will now transport the booster back to the company's production facility, where its engineers will inspect the rocket and gather data to further the recovery program.
An Electron rocket gets ready to launch.

Rocket Lab, the leading company building and launching small rockets, on Thursday took what CEO Peter Beck described as a "huge milestone" in its work to reuse rockets.

The company recovered the booster of its Electron rocket after it splashed down in the Pacific Ocean. The recovery came after Rocket Lab's 16th launch to date, which carried 30 satellites to orbit for a variety of customers including TriSept, Swam Technologies and Unseenlabs.