Rocket Lab has received clearance to launch from the FAA following the failure of its Electron rocket on July 4 and the loss of the half-dozen satellites on board. “This was a very, very sneaky and tricky issue,” said CEO Peter Beck. “However, the issue is well understood by the team. We’re really looking forward to getting back on the pad.”

The failure, Beck explained on a call with press, was nowhere near as catastrophic as many such incidents are. While the payloads were lost in the vehicle’s uncontrolled descent, the rocket did not explode or break up suddenly as sometimes happens, but rather seems to have calmly shut itself down during the second stage burn due to “a single anomalous electrical connection.”

“We were

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