The company succeeded in reaching Earth orbit for the first time with its Rocket 3 booster on Friday evening. The small-satellite booster put a mass simulator into orbit after liftoff from the Pacific Spaceport Complex — Alaska on Kodiak Island.
The demonstration launch was sponsored by the U.S. Air Force’s Space and Missile Systems Center as part of the Space Test Program’s Rapid Agile Launch Initiative (RALI). The initiative aims to demonstrate commercially available solutions for placing U.S. Space Force payloads into orbit on a flexible schedule.
The two-stage Rocket 3 is 11.6 meters (38 ft) tall with the capability of placing 25-150 kg (55-331 lb) into a 500 km (310 mile) sun–synchronous orbit.
Rocket 3 had failed in three previous attempts from the Alaskan spaceport. The first failed shortly after liftoff, the second reached space but lacked sufficient velocity to enter orbit, and the third took off sideways after one of its first stage engines failed a second after liftoff. The booster continued to fly but was destroyed by the range safety officer after it flew outside of its assigned airspace.
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.
MOJAVE, Calif. (Virgin Orbit PR) — Coming off flawless back-to-back launches, the Virgin Orbit team has settled into a steady flight preparation rhythm with LauncherOne. [Earlier today], the fully assembled rocket that will carry our next customers’ satellites to space has left our rocket factory in Long Beach and headed up to the bare concrete pad at the Mojave Air and Space Port that serves as all the spaceport we need. Already, the rocket has been mated to the customized 747 that serves as our flying launch pad, mobile mission control, and fully re-usable first stage all at once.
Rogue Space Systems is developing a smart spacecraft program to offer transport, and in-space services to the growing space market today announced it has closed its initial round of investment to support the development of their spacecraft programs
LACONIA, NH, October 20, 2021 (Rogue Space PR) — Rogue Space Systems Corporation, a U.S. company that is developing a smart spacecraft program and is planning to offer transport, and in-space services to the growing space market today announced it has closed its initial round of investment to support the development of their spacecraft programs. Rogue’s first generation of orbital servicing vehicles, (Orbots™) Laura, Charlie, Fred, and Bob are equipped with highly sophisticated sensors, cameras, robotics, and artificial intelligence (AI) software.
TITUSVILLE, Fla. (NASA PR) — NASA’s Laser Communications Relay Demonstration (LCRD) is gearing up for launch this fall, no earlier than Nov. 22. The payload arrived in Florida in May, fully integrated into its host spacecraft and ready for its final testing before being lofted into space.
ALAMEDA, Calif., October 12, 2021 (Astra Space PR) – Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced a commercial orbital launch on behalf of the United States Space Force. The launch vehicle, LV0007, will carry a test payload for the Space Test Program’s second mission STP-27AD2. The launch window is divided into two segments: the first segment is open from October 27, 2021 through October 31, 2021, and the second is open from November 5, 2021 through November 12, 2021. LV0007 will launch from the Astra Spaceport in Kodiak, Alaska.
LOS ANGELES AIR FORCE BASE, Calif. (USSF PR) — The United States Space Force’s Space and Missile Systems Center will partner with Astra, a wholly-owned U.S. company based in Alameda, California, to perform a demonstration launch for the Department of Defense from the Pacific Spaceport Complex-Alaska later this month.
Video Caption: The Final System Test, also known as the “hot fire” engine test for Astra’s Launch Vehicle 0006.
Astra is hoping the third time will be a charm.
The publicly-traded launch provider will make another attempt to reach orbit with its Rocket 3 booster late this month from Pacific Spaceport Complex — Alaska on Kodiak Island. The window for the launch attempt opens on Aug. 27 and runs until Sept. 11.
Astra’s first commercial launch includes a payload for the U.S. Space Force (USSF). It is the first of two launches ordered by the military service.
Astra’s two previous orbital launch attempts failed. The first rocket was destroyed shortly after launch in September 2020 after it began to veer off course. A second rocket launched last December reached space but lacked sufficient velocity to enter orbit.
On July 1, Astra became a publicly traded company on the Nasdaq exchange after a merger with Holicity.
MAHIA PENINSULA, New Zealand — Rocket Lab’s Electron rocket launched an U.S. Space Force satellite on Thursday in a successful return to flight for the small-satellite booster after a launch failure in May.
The booster lifted off with the USSF’s Monolith technology technology demonstration satellite. Deployment from the booster’s kick stage occurred less than an hour after liftoff from Rocket Lab’s facility on the Mahia Peninsula.
LONG BEACH, Calif., July 27, 2021 (Rocket Lab PR) – Rocket Lab, the leading launch and space systems company, today announced it will open a launch window from tomorrow to launch a research and development satellite to low Earth orbit from Launch Complex 1 in New Zealand for the United States Space Force (USSF).
LONG BEACH, Calif. (Virgin Orbit PR) — The Virgin Orbit team is excited to share an update on timing for our upcoming mission, Tubular Bells: Part One!
With wet dress rehearsal successfully completed, our team is proceeding through the final routine items on our pre-flight checklist. We’re coordinating with our stakeholders to identify the final preferred targets for launch, with an eye on June 30th or the early days of July.
We will only proceed with the mission if all conditions for launch are nominal. If for some reason the launch is delayed, we have backup windows extending through July.
Our carrier aircraft Cosmic Girl will take off from Mojave Air and Spaceport in California, and will travel approximately 1 hour out to sea before releasing the rocket just off the Pacific coast.
A total of 7 satellites will fly on LauncherOne for Tubular Bells: Part One. The full list of customers onboard this mission includes:
The U.S. Department of Defense, which is launching three CubeSat sets as part of the DoD Space Test Program’s (STP) Rapid Agile Launch (RALI) Initiative. This launch, also known as STP-27VPA, was awarded to Virgin Orbit subsidiary VOX Space by the DoD’s Defense Innovation Unit (DIU), an organization working to accelerate the adoption of commercial technology into the U.S. military to strengthen national security.
The Royal Netherlands Air Force, which is launching the Netherlands’ first military satellite, a CubeSat called BRIK II, built and integrated by Innovative Solutions in Space.
SatRevolution, which is launching the first two optical satellites, STORK-4 and STORK-5 (A.K.A. MARTA), of the company’s 14-satellite STORK constellation.
How to Watch
For live updates as the flight progresses, please tune into our public livestream, which will be available on our YouTube. Alternatively, you can follow along with our live-tweets on Twitter (@VirginOrbit).
The United States reclaimed the top spot in launches from China last year as NASA astronauts flew into orbit from American soil for the first time in nearly nine years, SpaceX deployed the world’s first satellite mega-constellation with reused rockets, and two new launchers debuted with less than stellar results.
American companies conducted 44 launches in 2020, with 40 successes and four failures. Bryce Tech reports that U.S. companies accounted for 32 of the 41 commercial launches conducted last year. The majority of those flights were conducted by SpaceX, which launched 25 orbital missions.
China came in second with a record of 35 successful launches and four failures. The 39 launch attempts tied that nation’s previous record for flights during a calendar year.
Let’s take a closer look at what U.S. companies achieved last year.
Virgin Orbit has posted an update on its third launch attempt, now scheduled for the last week in June. Here are the most relevant parts.
We recently completed final integration for all of the satellites flying onboard LauncherOne during this mission — a total of 7 spacecraft from the Department of Defense Space Test Program, SatRevolution, and the Royal Netherlands Air Force….
Reminder: We’re so excited to bring you live views from Mojave on launch day with our first official mission livestream, available via our YouTube page. From interviews with customers to a deep dive into our patch design process, there’s no better way to get the full story behind this launch. Don’t miss out!
As part of our quest to ensure no one is excluded from space, we’ll also provide our audience with some additional accessibility options during the livestream, including live closed-captioning and an on-screen American Sign Language (ASL) interpreter.
Alternatively, you can follow along as we live-tweet the mission @VirginOrbit.
Virgin Orbit is planning its third launch of small satellites for sometime in June. The Cosmic Girl Boeing 747 will take off from the Mojave Air and Space Port in California and drop the LauncherOne booster over the Pacific Ocean.
LONG BEACH, Calif., January 25, 2021 (Virgin Orbit PR) — Virgin Orbit, the California-based satellite launch company, announced today that it has been selected by the Dutch space engineering company Innovative Solutions in Space (ISIS) to launch the Royal Netherlands Air Force’s (RNLAF) first ever satellite, a 6U CubeSat called BRIK-II.
Designed and integrated by ISIS, BRIK-II will serve as a testbed for various communications experiments and demonstrate how nanosatellites can provide a meaningful contribution to military operations. The mission represents a significant step forward for the Dutch Ministry of Defense’s efforts to develop their first space capabilities, with a particular emphasis on responsive launch.