Rocket Lab is an end-to-end space company and launch service provider, specializing in small satellite launches with its Electron rocket, which has launched 63 times as of April 2025. They are also developing the larger Neutron rocket for constellation deployment. Rocket Lab provides complete space solutions including satellite design and manufacture, spacecraft components, and on-orbit management, serving commercial, civil, and defense markets, with major partners including NASA and the US Space Force. Key products include the Electron and Neutron rockets, Photon satellite bus, and various satellite components.
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Funding for small launch services provided by companies like Rocket Lab and Virgin Orbit increases by $70,000,000 in the omnibus funding bill.
Rocket Lab operates two pads at its New Zealand launch site to provide schedule flexibility and enable consecutive launches.
Rocket Lab reported a net loss of $117,800,000 in 2021, compared to a net loss of $55,000,000 in 2020.
Rocket Lab launched Synspective’s first satellite, StriX α, in December 2020.
Rocket Lab’s Neutron factory site sits next to the Wallops Flight Facility and will use the state-run Mid-Atlantic Regional Spaceport to host Neutron launches.
Rocket Lab projected $42,000,000 to $47,000,000 in revenue for the first quarter of 2022.
Rocket Lab’s backlog grew from $82,000,000 at the end of 2020 to $241,000,000 at the end of 2021 and to $545,000,000 as of the earnings announcement in early 2022.
The Commonwealth of Virginia provided $30,000,000 in state funding through the Virginia Commercial Space Flight Authority for infrastructure and operational systems at MARS to support Rocket Lab’s Neutron basing at Wallops.
Rocket Lab reported $62,200,000 in revenue for 2021, a 77% increase over 2020.
Rocket Lab acquired software developer ASI, satellite separation systems developer Planetary Systems Corporation, and solar panel and structures manufacturer SolAero in the fourth quarter of 2021.
The 2022-02-28 mission was the first launch under a three-launch contract signed in late 2021 between Rocket Lab and Synspective.
Rocket Lab previously built Launch Complex 2 at the Mid-Atlantic Regional Spaceport (MARS).
Pad B at Rocket Lab’s New Zealand launch site was used for the first time on the 2022-02-28 launch.
Rocket Lab will build a factory in Accomack County, Virginia to produce its medium-class Neutron reusable launch vehicle.
Rocket Lab deployed the StriX β satellite for Synspective nearly an hour after liftoff on 2022-02-28.
Rocket Lab projected $14,000,000 in revenue from launch services in the first quarter of 2022 from two Electron launches.
The Commonwealth of Virginia committed up to $15,000,000 from the Major Employment and Investment Project Approval Commission for site improvements and construction of a building that will be owned by the state and leased to Rocket Lab.
Rocket Lab signed a 2022-02-24 contract to provide satellite buses to MDA for a new generation of Globalstar communications satellites valued at $143,000,000.
Rocket Lab Launch Complex 2 is the company’s launch site for the Electron launch vehicle, which has been the second most frequently launched U.S. rocket annually since 2019.
Rocket Lab has deployed a second Synthetic Aperture Radar (SAR) satellite to orbit for Synspective.