This is a tiny rocket going up 300ms and coming back down. Happy for them but they're a long way from any utility ( and a decade+ behind other companies )
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Rocket Labs has recovered (not reflown) several orbital boosters, and the rest are within 1-2 years of orbital booster recovery attempts.
I'll be thrilled when someone does! Competition is great! But let's do it via technological progress, not through abuse of the english language.