Record Revenue Growth
Third quarter revenue reached $105 million, marking a 55% increase year-on-year, with a backlog growth of 80% to $1.05 billion.
New Electron Launch Contracts
Rocket Lab secured $55 million in new Electron launch contracts in Q3, with an increase in average sales price now 60% higher than when Electron first started flying.
Significant Space Systems Progress
The Space Systems segment delivered $83.9 million in revenue, reflecting sequential growth of over 9%, driven by strong performance in the space solar business.
Successful Neutron Launch Agreement
Signed a launch agreement with a constellation operator for two early launches on Neutron, indicating strong demand and confidence in Rocket Lab's capabilities.