EquitiesLaunch

Rocket Lab Launches Synspective Satellite; Announces Q4 Financial Results

Rocket Lab Successfully Launches Second Mission for Synspective, Deploys 110th Satellite to Orbit
Image via Rocket Lab

Image via Rocket Lab

Rocket Lab (NASDAQ:RKLB) doesn’t procrastinate on Mondays. The launcher had a busy day. 

In NZ: Rocket Lab launched “The Owl’s Night Continues” from its new Pad B. An Electron successfully deployed a StriX-β satellite for Japanese SAR operator Synspective. To date, Rocket Lab has now deployed 110 satellites. 

In VA: As rumored, Rocket Lab has selected Wallops Island, Virginia, for the site of Neutron’s first launchpad and a 250,000-sq-ft. factory/operations facility for the next-gen rocket. Neutron, as a quick reminder, is an 8-ton reusable rocket under development that could eventually support human spaceflight. 

In NYC: $RKLB announced Q4 and full-year financial results. 2021 revenue grew 77% year-over-year to $62.2M, while Q4 revenue came in at $27.5M, a 420% quarter over quarter increase. 

  • Q4 ’21 Launch Services revenue jumped ~1,120% QoQ. Why the huge increase? Well, the company wasn’t able to launch for months in NZ due to Covid restrictions. Think the team was excited to get back out to the launchpad? 
  • Looking forward…$RKLB guided Q1’ 22 revenue to $42M-$47M.
Related Stories
LaunchMilitary

Scout Space Taps ABL for Tech Demo Launch

Scout needs to get its Owl optical imaging system on orbit to prove it is the right product for information-hungry national security agencies.

Launch

Starship Splashes Down Successfully After Fourth Test Flight

The successful journey from Starbase to the Indian Ocean brought SpaceX many steps closer to its goal of reliable Starship flights with reusable hardware.

InternationalLaunch

Europe’s Ariane 6 Gets Its Date With Space

Europe’s long-delayed Ariane 6 rocket will make its debut launch attempt on July 9, ESA Director General Josef Aschbacher announced Wednesday at the ILA Berlin Air Show. 

Launch

Indian Launch Startup Agnikul Notches First Suborbital Flight

Agnikul Cosmos, an Indian rocket startup, successfully launched its Agnibaan SOrTeD vehicle on a suborbital test flight mission Wednesday, marking another win for the Indian space sector that has already had a banner past 12 months.