Yes, Rocket Lab is blowing up engines. No, it's not a big deal, CEO says.

Rocket Lab's Archimedes engines have experienced at least two catastrophic test failures in recent months, including one explosion that blew off a test facility roof and caused significant infrastructure damage at NASA's Stennis Space Center, despite company reports describing it as merely an electrical fire. These engine anomalies pose potential challenges for the company's timeline to debut its Neutron rocket later this year, though CEO Pete Beck has downplayed the concerns.