Rocket Lab Ltd - ready for launch
Rocket Lab is delivering a range of complete rocket systems and technologies for frequent and cost-efficient launches into space. Baldwins helped identify and record the unique Rocket Lab innovations. We then prepared a series of provisional patent specifications in the United States. These patents will form the basis of Rocket Lab’s intellectual property portfolio.
Rocket Lab is redefining how we access space. Founded in 2007 by New Zealander Peter Beck, Rocket Lab has set out to remove the barriers to commercial space by delivering a range of complete rocket systems and technologies for frequent and cost-efficient launches.
This technology was made possible through the development of Electron, an all carbon composite launch vehicle capable of launching at $4.9 million dollars - a 95% reduction in cost over the average launch of today. Electron is propelled by multiple additively manufactured, electric turbo-pumped LOX/Rp-1 Rutherford rocket engines.
“This isn’t just a new launch system, this is an entirely new way to build a rocket,” explains Peter Beck, CEO & Founder of Rocket Lab
This new technology has maximised launch volumes and disrupted and revolutionised the space community, providing Rocket Lab with an exciting platform to launch the next generation of business in space.
Due to the disruptive nature of Rocket Lab’s technology, and the competitive nature of the commercial space industry, the potential for copying or freeloading by international competitors is high. Before commercialising the technology and obtaining investment for the next stage of development it was essential that Rocket Lab considered and defined the innovations being produced.
Rocket Lab could then secure the intellectual property rights to their innovative rocket technology, allowing the company to maintain their edge in the market and to attract high quality investment.
“Baldwins provided strategic input on our IP as well as spending time on-site to fully understand our innovations,” explains Peter.
“Being able to tell potential stakeholders that we had patents pending was an important aspect of our investment discussions.”
- Peter Beck, CEO & Founder, Rocket Lab
Baldwins Associate, John Foulkes, supervised by Partner, Wes Jones, spent time on-site at Rocket Lab’s Auckland office to research the Rocket Lab innovations. This involved reviewing the rocket and engine design and methods of manufacture and identifying the key features separating Rocket Lab from previous technologies. The review included discussions with each of Rocket Lab’s engineers and designers to understand how the innovations had been developed.
The outcome of this process was a review of the innovations made by Rocket Lab. The key innovations were then developed into a series of provisional patent specifications in the United States. These patents will form the basis of Rocket Lab’s intellectual property portfolio, as Rocket Lab continues to take flight.
“Baldwins were extremely flexible and understanding of the challenges we faced as a high tech start-up with operations in New Zealand,” says Peter. “They’re always ready to step in when asked, whether on a conference call, at our offices, or acting on urgent instructions from overseas.”