Rocket Lab’s next booster is stubby, reusable, and has a Bond-movie fairing

• 

  Rendering of the Neutron rocket on the launch pad.

Rocket Lab chief executive Peter Beck on Thursday provided an update on the company’s plans to develop a medium-lift rocket, named Neutron.

In a slickly produced video, Beck shared the company’s thinking about how best to develop a reusable rocket that could remain competitive for decades. Neutron, he said, is optimized to serve both for the deployment of megaconstellations as well as geostationary satellites and even interplanetary spacecraft.

“This is what a rocket should look like in 2050,” Beck said. “But we’re building it today.”