Virgin Orbit Suffers Net Loss of $157.3 Million in 2021

LauncherOne ignites after being dropped from Cosmic Girl. (Credit: Virgin Orbit)
  • Successfully launched 7 customer satellites onboard its LauncherOne rocket during the Above the Clouds mission on January 13, 2022, the company’s third successful launch.
  • Full year 2021 revenue increased to $7.4 million, up from $3.8 million in the prior year period.
  • Growing backlog of contracts, including selection by NASA’s launch service program to support the agency’s VADR missions.
  • Completed its going public transaction and began trading on the Nasdaq stock exchange on December 30, 2021.

LONG BEACH, Calif. (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB) (“Virgin Orbit” or the “Company”), the responsive launch and space solutions company, today announced its financial results for the fourth quarter and full year ended December 31, 2021.

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Rocket Lab Announces Fourth Quarter and Full Year 2021 Financial Results, Issues Guidance for the First Quarter 2022

  • $2.8 million net income for fourth quarter
  • $117.75 million net loss for the year
  • $27.5 million in revenues for fourth quarter
  • $62.2 million in revenues for the year

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 fourth quarter and full year ended December 31, 2021.

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NASA Selects Relativity Space for Venture-class Acquisition of Dedicated and Rideshare (VADR) Mission

Rendering of Terran 1 rocket launching from potential future Vandenberg launch site. (Credit: Relativity Space)

LONG BEACH, Calif., January 27, 2022 (Relativity Space PR) – Relativity Space,  announced today that the company has been selected by NASA as one of 12 companies to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions, providing new opportunities for science and technology payloads and fostering a growing U.S. commercial launch market.

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Astra Awarded VADR Contract By NASA

Rocket 3.3 lifts off from Kodiak Island. (Credit: Astra Space webcast)

ALAMEDA, Calif. (Astra Space PR) — Astra Space, Inc. (“Astra”) (Nasdaq: ASTR), today announced the award of the Venture-Class Acquisition of Dedicated and Rideshare (VADR) Launch Services Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the National Aeronautics and Space Administration (NASA) for future task orders, which have not yet been issued. This contract has a five-year ordering period with a maximum total value of $300 million and will be managed by the Launch Services Program at the agency’s Kennedy Space Center in Florida. This new contract is in addition to the four launches NASA has already contracted with Astra for delivery this year.

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Rocket Lab Selected to Provide Venture Class Launch Services for NASA

Electron launches from New Zealand on Dec. 9, 2021. (Credit: Rocket Lab)

Rocket Lab among companies selected to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions, providing new opportunities for science and technology payloads and fostering a growing U.S. commercial launch market.

Long Beach, California. January 27, 2022 (Rockety Lab PR) – Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (Nasdaq: RKLB), a leading launch provider and space systems company, has today announced that it has been selected by NASA as one of twelve companies to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions, providing new opportunities for science and technology payloads and fostering a growing U.S. commercial launch market. VADR is a five-year program with a maximum total budget of $300 million in launch contracts.

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