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For the second quarter of 2023, Rocket Lab expects GAAP operating expenses between $55,000,000 and $57,000,000.
Rocket Lab’s Electron vehicle has provided access to orbit for NASA since 2018.
Rocket Lab has carried out four Electron launches so far in 2023, including a 2023-05-07 launch that placed two NASA TROPICS cubesats into orbit.
Rocket Lab expects $23,000,000 in launch revenue in the second quarter from three Electron launches.
Rocket Lab has launched NASA missions since 2018, including the ELaNa-19 educational CubeSat program.
For the second quarter of 2023, Rocket Lab expects Space Systems revenue between $37,000,000 and $40,000,000.
The Photon spacecraft was developed, manufactured, and tested at Rocket Lab’s Spacecraft Production Facility in Long Beach, California.
Rocket Lab USA, Inc. completed the first of two dedicated Electron launches to deploy TROPICS on 2023-05-08.
Rocket Lab has launched a total of 161 satellites to orbit.
NASA selected Rocket Lab in November 2022 to launch the remaining four TROPICS satellites on two dedicated Electron launches from Launch Complex 2 on Wallops Island, Virginia.
Rocket Lab’s kick stage deployed the two TROPICS cubesats about 35 minutes after liftoff and ground stations confirmed deployment about 20 minutes later.
Rocket Lab has launched a total of 161 satellites to orbit following the 'Rocket Like a Hurricane' mission.
Rocket Lab’s Electron rocket launched a pair of NASA cubesats designed to monitor the development of tropical storms.
Rocket Lab is preparing two dedicated Electron launches to deploy the TROPICS storm monitoring satellite constellation for NASA.
Rocket Lab launched the Space Ambassadors program in July 2021.
More than 129 Rocket Lab engineers and technicians have been trained to provide interactive educational experiences through the Space Ambassadors program.
Rocket Lab USA, Inc’s space and STEM education programs have reached more than 20,000 students across New Zealand.
Approximately one in five New Zealand schools have registered to receive Rocket Lab’s education outreach as a Space Ambassador school, with an estimated student reach of more than 400,000.
A live webcast and replay of Rocket Lab USA, Inc.’s 2023-05-09 conference call will be available on the company’s Investor Relations website at www.rocketlabusa.com/investors.
Rocket Lab USA, Inc. will host a conference call about its first quarter 2023 results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on 2023-05-09.