Rocket Lab reported a $26.7 million first quarter loss on revenues of $40.7 million, with space systems such as satellites producing the majority of revenues rather than the launches for which the company is best known. Adjusted EBITDA loss for the quarter was $7.98 million.
Rocket Lab earned $34.1 million in revenues from space systems. That amount represented 84% of first quarter revenues, an increase of 1,873 percent from the first quarter of 2021.
Designed and built by Terran Orbital, CAPSTONE will support NASA’s Artemis program in reducing the risk for future Lunar bound spacecraft while propelling space exploration for all humankind
IRVINE, Calif., May 10, 2022 (Terran Orbital PR) – Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it has shipped its CAPSTONE satellite to a launch site on the Mahia Peninsula of New Zealand. CAPSTONE will launch on a Rocket Lab Electron rocket using a Lunar Photon satellite upper stage to send the spacecraft on its planned lunar transfer trajectory. This historic pathfinding mission supports NASA’s Artemis program which includes landing the first woman and first person of color on the Moon.
LONG BEACH, Calif., May 2, 2022 (Rocket Lab PR) — Rocket Lab (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, has successfully launched its 26th Electron mission, deploying 34 satellites to orbit. Rocket Lab has now deployed a total of 146 satellites to orbit with the Electron launch vehicle.
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced it has been selected by Virginia-based HawkEye 360 to launch three Electron missions for the radio frequency geospatial analytics provider. The first of the three missions is scheduled to be Rocket Lab’s inaugural Electron mission from Launch Complex 2 on Wallops Island, Virginia, ushering in an era of Rocket Lab launches from U.S. soil from no earlier than December 2022.
For the first time, Rocket Lab will attempt a mid-air helicopter capture of an Electron rocket as it returns to Earth from space, furthering the company’s program to make Electron the first reusable orbital small launch vehicle
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab”), a leading launch and space systems company, has announced today that during its next Electron launch, a commercial rideshare mission currently scheduled in April 2022, the company will attempt a mid-air helicopter capture of the Electron launch vehicle for the first time.
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab”), a leading launch and space systems company, has today announced the launch window for its next Electron mission, a dedicated mission for BlackSky (NYSE: BKSY) through global launch services provider Spaceflight Inc., begins April 1, 2022 UTC. This launch window opening in April rather than March is weather related and will result in this mission and its related revenue being recognized in Rocket Lab’s fiscal Q2 2022, versus in fiscal Q1 2022 as was previously anticipated at the time Rocket Lab provided Q1 2022 financial guidance in conjunction with its Q4 2021 preliminary earnings release on February 28, 2022. As a result, Rocket Lab is updating its expected Q1 2022 revenue outlook from the range of $42 million to $47 million previously provided on February 28, 2022, to approximately $40 million.
STUART, Fla., and TOULOUSE, France, March 21, 2022 (E-Space PR) – E-Space today announced it will launch its first demonstration satellites in the second quarter of 2022 to validate the systems and technology for its sustainable satellite system. The announcement marks an unprecedented timeline for taking a new space innovation from idea to reality as E-Space moves to swiftly build the most sustainable, secure and cost-effective satellite network in history.
Three demonstration satellites, designed and built in-house by E-Space, will launch aboard Rocket Lab’s Electron rocket from Launch Complex 1 on New Zealand’s Māhia Peninsula.
The mission is the first of three upcoming dedicated Electron launches for Synspective and demonstrates Rocket Lab’s flexible and responsive launch capability
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a globa leader in launch services and space systems, today announced the launch window for a dedicated Electron mission for Japanese Earth imaging company Synspective. The 14-day launch window opens February 28th UTC and will lift-off from Rocket Lab’s Launch Complex 1 in New Zealand. Originally slated to launch after Rocket Lab’s next mission for another customer, Rocket Lab has brought the Synspective mission forward in the manifest to accommodate shifts in customer timelines.
MAHIA, New Zealand. December 09, 2021 (Rocket Lab PR) – Rocket Lab USA, Inc (Nasdaq: RKLB), a leading launch and space systems company, has successfully deployed two satellites to orbit for real-time geospatial intelligence company BlackSky (NYSE: BKSY), bringing the total number of satellites deployed by Rocket Lab to 109.
The missions follow on from the launch of Synspective’s first satellite, StriX-α, by Rocket Lab in 2020
LONG BEACH, Calif., December 7, 2021 (Rocket Lab PR) – Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (Nasdaq: RKLB), a leading launch provider and space systems company, has today announced it has signed a deal with Japanese Earth imaging company Synspective to carry out three dedicated Electron launches.
Launch Vehicle: Atlas 5 (United Launch Alliance) Payloads: STP-6 and several rideshares Launch Window: 4:04-6:04 a.m. EST (0904-1104 UTC) Launch Site: Cape Canaveral Space Force Station, Fla. Webcast: www.nasa.gov
The U.S. Space Force mission will launch the STPSat-6 satellite and several secondary payloads. STPSat 6 hosts NASA’s Laser Communications Relay Demonstration payload and the Space and Atmospheric Burst Reporting System-3 for the National Nuclear Security Administration.
Roscosmos cosmonaut Alexander Misurkin will fly Japanese billionaire Yusaku Maezawa and his assistant, Yozo Hirano, to the International Space Station on a 12-day mission.
Launch Vehicle: Electron (Rocket Lab) Payloads: BlackSky 14 & 15 Earth observation satellites Launch Time: 6:45 p.m. EST (2345 UTC) Launch Site: Mahia Peninsula, New Zealand Webcast: www.rocketlab.com
Launch Vehicle: Falcon 9 (SpaceX) Payload: Imaging X-ray Polarimetry Explorer Launch Window: 1:00-2:30 a.m. EST (0600-0730 UTC) Launch Site: Kennedy Space Center, Florida Webcast: www.nasa.gov
Launch Vehicle: New Shepard (Blue Origin) Payload: New Shepard Launch Time: TBA Launch Site: Corn Ranch, Texas Webcast: www.blueorigin.com
Laura Shepard Churchley will fly aboard a suborbital craft named in honor of her late father, NASA astronaut Alan Shepard, who became the first American in space 60 years ago and walked on the moon a decade later. She will be joined by: Good Morning America co-host Michael Strahan; Voyager Space chairman and CEO Dylan Taylor; Lance Bess, principal and founder of Bess Ventures and Advisory; Lance’s son Cameron Bess; and Evan Dick, managing member of Dick Holdings. This will be the 19th launch of the New Shepard system.
A Data With Destiny” launch window opens Dec 7 on a mission to deploy two spacecraft for BlackSky real-time geospatial intelligence constellation
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB), a leading launch and space systems company, has today revealed its next Electron mission is scheduled to take place during a launch window that opens on December 7, 2021, fewer than three weeks since Rocket Lab’s most recent mission on November 18, 2021. These two missions for BlackSky (NYSE: BKSY) occur 19 days apart and represent Rocket Lab’s quickest turnaround in its launch history.
MAHIA, New Zealand. 18 November 2021 (Rocket Lab PR) – Rocket Lab (Nasdaq: RKLB), a leading launch and space systems company, has successfully deployed two satellites to orbit for real-time geospatial monitoring company BlackSky (NYSE: BKSY). Rocket Lab also successfully introduced helicopter operations to a recovery mission for the first time, using a helicopter to observe and track the Electron rocket’s first stage as it descended to Earth under parachute as part of the company’s program to make Electron the world’s first reusable, orbital-class commercial small rocket.
The mission is the latest in Rocket Lab’s program to make Electron the first reusable orbital launch vehicle dedicated to small satellites.
After splashing down in the ocean, Electron’s first stage will be recovered by ship and transported back to Rocket Lab’s production complex for analysis.
For the first time, a helicopter will track and observe Electron’s descent in preparation for future missions which aim to use helicopters to intercept and capture returning rocket boosters mid-air as they return to Earth under parachute.
Long Beach, California. 19 October 2021 (Rocket Lab PR) – Rocket Lab USA, Inc (“Rocket Lab” or the “Company”) (Nasdaq: RKLB) has today revealed it will attempt a controlled ocean splashdown and recovery of the first stage of an Electron rocket during the company’s next launch in November. The mission will be Rocket Lab’s third ocean recovery of an Electron stage; however, it will be the first time a helicopter will be stationed in the recovery zone around 200 nautical miles offshore to track and visually observe a descending stage in preparation for future aerial capture attempts. The helicopter will not attempt a mid-air capture for this mission but will test communications and tracking to refine the concept of operations (CONOPS) for future Electron aerial capture.