After three years of developing a brand new rocket, aerospace startup Rocket Lab has finally transported a finished vehicle to the New Zealand launch pad where it will take its first flight. The rocket, called the Electron, has been tested on the ground over the last year but has never been flown to space before. Over the next couple of months, Rocket Lab will conduct a series of test launches of the vehicle to verify that it’s ready to carry payloads into orbit for commercial customers.

Compared to other major commercial rockets like the Falcon 9 or the Atlas V, the Electron is pretty small — only 55 feet tall and and around 4 feet in diameter. That’s because the vehicle is specifically designed to launch small satellites. The vehicle can carry payloads ranging from 330 to 500 pounds into an orbit more than 300 miles up. That’s a relatively light lift contrasted with the Falcon 9, which can carry more than 50,000 pounds into lower Earth orbit.