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.
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.
Revenue above high end of prior guidance range at $5.3 million
Backlog increased from $141 million at June 30, 2021 to $183 million as of September 30, 2021, and currently stands at $237 million as of November 15, 2021
Space Systems revenue in the third quarter 2021 grew 360% over the same quarterly period in 2020 to represent 27% of total revenue for the nine months ended September 30, 2021
Successfully completed the merger with Vector Acquisition Corporation resulting in ending cash balance at September 30, 2021 of $792.7 million
Q4 2021 Guidance
Revenue to range between $23 million to $25 million
GAAP and non-GAAP gross margins of 13 percent and 27 percent, respectively
GAAP and non-GAAP operating expenses between $24 million to $26 million, and $19 million to $21 million, respectively
GAAP Net Loss between $24 million and $26 million, and Adjusted EBITDA loss of $9 million to $11 million, which reflects adjustments for stock-based compensation, 3rd party fees associated with M&A activity, depreciation and amortization, FX gains and losses, interest expense, taxes and other recurring and non-recurring items
All of the above exclude any warrant expense impacts from the public and private warrants assumed from the Vector Acquisition Corporation merger that closed on August 25, 2021, and also excludes any impacts from the Advance Solutions Inc. acquisition and related purchase price accounting, and excludes any financial contributions and accounting impacts from the pending Planetary Systems Corporation acquisition announced today
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced financial results for its fiscal third quarter ended September 30, 2021.
Agreement between international newspace pioneers will pilot a cutting-edge smallsat propulsion system.
SINGAPORE, September 23, 2021 (Aliena PTE PR) — Aliena PTE Ltd (Aliena), a satellite propulsion provider, has signed a contract with Orbital Astronautics Ltd (OrbAstro), a satellite and in-orbit service provider, to fly its AA Multi-modal all-electric AOCS propulsion system onboard an OrbAstro ORB-12 (12U-class satellite) scheduled for launch in September 2022. The ORB-12 Strider mission will host a variety of payloads for in-orbit testing and demonstration purposes, of which the Aliena-Aurora (AA) propulsion system will be primary.
Aliena has developed a multi-modal attitude and orbit control system (AOCS) with partners from Finland, Aurora Propulsion Technologies. Sharing a common back-end architecture for the propellant, electronic control, and fluidics, the propulsion segment will comprise of Aliena’s MUlti-Staged Ignition Compact (MUSIC) Hall thruster, and Aurora’s ARM resistojets.
Launching on Electron in Q4 2021, the mission will deploy a range of pocket-sized satellites designed to demonstrate innovative radio and night-time Earth observation technologies
LONG BEACH, Calif., August 18, 2021 (Rocket Lab PR) – Rocket Lab, a leading launch provider and space systems company, today announced it has signed a rideshare agreement with Scottish / American PocketQube satellite manufacturer, Alba Orbital, to launch a cluster of small satellites designed to demonstrate innovative radio and night-time Earth observation technologies.
LONG BEACH, Calif., August 16, 2021 (Rocket Lab PR) – Rocket Lab, a leading launch provider and space systems company, has today announced it will launch a satellite to test space junk removal technologies for Aurora Propulsion Technologies, a Finnish company dedicated to the sustainable use of space.
ESPOO, Finland and LONDON — Finland based Aurora Propulsion Technologies is a space industry engineering developer and solutions provider focusing on scalable movement and lifecycle control components for small satellites. Aurora has been recognized as one of the leading technology companies in New Space in the world. Its team of 20 engineers has grown from the founding seven in about two years.
Recognizing the importance of professional networking to support continued growth of the company, Aurora has partnered with Space Impulse to take advantage of membership in its rapidly expanding network of space industry companies and professionals in a highly collaborative environment. As the first Enterprise member in the Space Impulse platform, Aurora will leverage Space Impulse to accelerate its leadership.