div > div.group > p:first-child"> Rocket Lab unveiled the"Photon satellite platform" on Monday, which the company developed and built as an evolution of the upper stage of its Electron rocket. An upper stage is the smaller top section of a rocket that separates from the bottom"booster" stage of the rocket.
Rocket Lab's primary business is building and launching small rockets, which send spacecraft about the size of a refrigerator into orbit. The company's Electron rocket is priced at about $6.5 million to $7 million per launch but now, due to the expanded capabilities provided by Photon, Beck said the price"goes anywhere up" from there.
"Launch was the first bit that we needed to solve ... but it always seemed crazy to me" that the rocket builder did not also build the hardware for a satellite, Beck said. Photon means satellite companies don't need to"invest millions of dollars" in bringing together a team and manufacturing complex space hardware.
The company calls Photon a highly-evolved version of the company's"kick stage," which Rocket Lab has successfully used four times to deliver payloads to specific orbits.
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