RKLB

Synspective Constellation Deployment on Electron

Cluster Description

Commitments to serve as Synspective’s dedicated launch provider and scale from a 16-mission plan to a 21-launch series through the end of the decade; newer commitments supersede earlier counts.

Commitments

• October 14, 2025: Perform a series of 21 dedicated Electron launches for Synspective between now and the end of the decade, establishing Electron as the primary launcher for their constellation.
• October 14, 2025: Launch a total of 27 missions for Synspective, making Electron the primary launcher for their constellation.
• October 06, 2025: Execute a 21-mission series to deploy Synspective’s Earth-imaging constellation before the end of the decade, superseding the earlier 16-mission plan announced in December 2024.
• October 06, 2025: Conduct the "Owl New World" mission to deploy Synspective’s seventh StriX satellite from Launch Complex 1 as the first of the new 21-mission series.
• September 29, 2025: Deliver a second multi-launch contract comprising 10 additional dedicated Electron launches for Synspective, bringing the total to 21 through the end of the decade.
• September 29, 2025: Perform the next 21 Synspective launches from Launch Complex 1 with schedule flexibility and meter-level deployment accuracy.
• December 05, 2024: Serve as Synspective’s sole launch provider with 16 missions planned (superseded by the 21-launch series announced in September–October 2025).

iQPS Multi-Launch Program Expansion

Cluster Description

Commitments to scale iQPS’s SAR constellation via dedicated Electron missions, expanding from an initial four-launch contract to eight missions and then adding three more no earlier than 2026.

Commitments

• October 07, 2025: Conduct three additional dedicated Electron missions for iQPS no earlier than 2026, each deploying a single SAR satellite with the Motorized Lightband separation system, updating the previously booked campaign.
• August 05, 2025: Support iQPS in building their constellation with four more dedicated missions scheduled through the remainder of 2025 and into 2026.
• July 31, 2025: Launch ‘The Harvest Goddess Thrives’ and three more dedicated iQPS missions through 2025–2026 toward a 100% mission success year.
• June 11, 2025: Execute a multi-launch contract with iQPS including at least four more dedicated missions across 2025–2026.
• June 03, 2025: Target three Electron launches within 24 days as part of an eight-mission iQPS campaign across 2025–2026.
• March 14, 2025: Execute a total of eight launches for iQPS across 2025–2026 to build out their SAR constellation.
• March 03, 2025: Conduct a series of eight launches for iQPS with the first window opening March 10, 2025.
• February 27, 2025: Book eight dedicated Electron launches for iQPS with six in 2025 and two in 2026, superseding the earlier four-mission plan.
• February 04, 2025: Execute a four-mission iQPS contract with three launches in 2025 and one in 2026 (superseded by the eight-launch agreement announced February 27, 2025).

Civil Space Agency Missions (NASA, ESA, JAXA)

Cluster Description

Commitments to deliver missions for major civil space agencies; timings and mission specifics reflect the latest disclosed schedules.

Commitments

• October 10, 2025: Perform two dedicated Electron launches for JAXA’s Innovative Satellite Technology Demonstration Program with the first in December 2025 and the second in 2026.
• October 10, 2025: Announce mission information for the first JAXA launch shortly ahead of the December 2025 mission.
• June 25, 2025: Launch a dedicated Electron mission for ESA to deploy the first pair of LEO-PNT navigation satellites no earlier than December 2025.
• May 14, 2025: Launch NASA’s Aspera astrophysics mission no earlier than Q1 2026 to study the formation and evolution of galaxies.

BlackSky Dedicated Launches

Cluster Description

Commitments to maintain frequent, dedicated access to space for BlackSky’s Gen-3 constellation with an increasing cadence.

Commitments

• June 02, 2025: Deliver an increasing cadence of dedicated launches to expand BlackSky’s Gen-3 constellation with more Electron missions in the months to come.
• May 22, 2025: Launch the “Full Stream Ahead” mission as part of a four-launch series deploying Gen-3 satellites for BlackSky starting May 28, 2025.
• February 18, 2025: Ramp Electron launch cadence as the most prolific launch provider for BlackSky, highlighted by the ninth launch for BlackSky since 2019.
• February 10, 2025: Launch multiple missions for BlackSky in 2025 with the first window opening February 18, 2025, continuing a longstanding partnership.
• November 12, 2024: Commit to additional November–December 2024 Electron launches supporting BlackSky and other customers as part of a record annual cadence.

Kinéis IoT Constellation Deployment

Cluster Description

Commitments to complete Kinéis’ five-launch campaign culminating in full constellation deployment.

Commitments

• March 17, 2025: Complete deployment of Kinéis’ 25-satellite IoT constellation within a year via five dedicated launches with 100% mission success.
• March 11, 2025: Complete the final dedicated launch for Kinéis on March 18, 2025, concluding the five-launch campaign.
• February 08, 2025: Maintain a consistent Electron launch schedule with the fifth Kinéis launch date to be announced in the coming weeks to finish the constellation.
• November 25, 2024: Continue supporting Kinéis with the third of five dedicated launches completed, bringing 15 satellites on orbit toward full deployment.
• November 12, 2024: Schedule the next Kinéis launch within a 14-day window starting November 23, 2024, as part of five dedicated missions.

Neutron Rocket: Development, Infrastructure, and Mission Commitments

Cluster Description

Commitments to debut Neutron, build out infrastructure, support national security missions, and enable reusability; recent capacity figures update earlier statements.

Commitments

• August 28, 2025: Open Launch Complex 3 at Wallops to provide assured access to space and launch site diversity for U.S. missions and deliver the Spaceport’s largest orbital capacity via Neutron, updating capability to 13,000 kg to orbit and supporting testing, launch, and return-to-Earth missions.
• July 10, 2025: Modify and fit out the ‘Return On Investment’ ocean landing platform to support Neutron reusability with delivery of the vessel in early 2026 and scaling launch capacity thereafter.
• May 08, 2025: Launch Neutron for the U.S. Air Force Research Laboratory’s Rocket Cargo mission no earlier than 2026 following an inaugural flight expected in the second half of 2025.
• March 27, 2025: Compete for missions under the NSSL Phase 3 Lane 1 program through June 2029 supported by a $5 million capabilities assessment task order.
• February 27, 2025: Construct the ‘Return On Investment’ ocean landing platform through 2025 for Neutron sea landings with service entry in 2026 to enhance mission opportunities.
• January 09, 2025: Include Neutron launch services under NASA’s VADR contract with a debut launch expected from mid-2025 and positioning for NSSL Lane 1 on-ramp.
• November 12, 2024: Sign a multi-launch agreement on Neutron with a commercial constellation operator with launches beginning mid-2026 following a 2025 debut.

National Security and Hypersonic Test Programs (HASTE, MACH-TB, EWAAC/HTCDF)

Cluster Description

Commitments to expand hypersonic testing and deliver capabilities through major U.S. and U.K. defense frameworks.

Commitments

• April 23, 2025: Launch a full-scale hypersonic test for DoD’s MACH-TB 2.0 program no earlier than Q1 2026 using HASTE under a $1.45 billion initiative.
• April 23, 2025: Expand HASTE hypersonic launch capabilities with upcoming 2025–2026 flight tests including a scram-jet vehicle for the Defense Innovation Unit and continuation of a multi-launch Leidos contract.
• April 14, 2025: Participate in the U.S. Air Force’s $46 billion EWAAC and the UK MOD’s ~£1 billion HTCDF frameworks to deliver innovative technologies and hypersonic testing capabilities through 2031.
• January 07, 2025: Join the Kratos-led MACH-TB 2.0 team to deliver high-cadence hypersonic test launches with HASTE over a five-year contract.

Space Systems Products and Spacecraft Manufacturing at Scale

Cluster Description

Commitments to scale spacecraft production and expand product lines in solar arrays, radios, and mission software for constellation-class delivery.

Commitments

• August 07, 2025: Move into production of 18 spacecraft for SDA’s Tranche 2 Transport Layer with a $515 million contract, progressing spacecraft manufacturing at scale.
• July 01, 2025: Deliver 18 SDA T2TL-Beta spacecraft following successful CDR and transition to full-scale production.
• April 08, 2025: Introduce STARRAY, a family of customizable next-generation solar arrays powering ~100 W to >2,000 W with vertically integrated production.
• April 03, 2025: Expand the Frontier suite of software-defined radios to deliver high-reliability TT&C at constellation scale with broad ground station compatibility.
• March 12, 2025: Launch InterMission and MAX Constellation software suites to enhance autonomy, security, and scalability for spacecraft and constellations.
• March 12, 2025: Supply 200 solar panels for Airbus’s next-gen OneWeb satellites with first batch deliveries targeted for 2026.
• March 03, 2025: Provide advanced flight software and power components supporting Firefly’s Blue Ghost 1 lunar mission over 1,470 operational hours.

Strategic M&A and U.S. Industrial Base Investments

Cluster Description

Commitments to strengthen U.S. supply chains and vertically integrate payload and optical communications capabilities; newer items supersede earlier announcements upon completion.

Commitments

• August 22, 2025: Boost U.S. investments to expand semiconductor manufacturing and supply chain security, including plans to double compound semiconductor and solar cell capacity from 20,000 to ~35,000 wafers per month over five years and grow U.S. headcount above 2,000.
• August 12, 2025: Complete the $275 million acquisition of Geost with up to $50 million earnouts to scale EO/IR payload production and expand facilities in Arizona and Virginia.
• May 27, 2025: Agree to acquire Geost for $275 million to enhance payload capabilities and expand workforce by 115 professionals upon closing (superseded by the August 12, 2025 completion).
• May 08, 2025: Intend to expand into Europe via the acquisition of Mynaric to scale production of laser optical terminals, subject to approvals.
• March 11, 2025: Intend to acquire a controlling equity position in Mynaric for approximately $75 million plus potential $75 million earn-out to vertically integrate optical communications and scale manufacturing post-close.
• November 25, 2024: Accept a $23.9 million CHIPS award to expand U.S. compound semiconductor manufacturing in Albuquerque to strengthen domestic supply chains.

Tactically Responsive Space: VICTUS HAZE

Cluster Description

Commitments to deliver an end-to-end tactically responsive mission for the U.S. Space Force, progressing through major reviews and toward 24-hour launch readiness.

Commitments

• August 07, 2025: Complete the Systems Integration Review confirming readiness for final integration and testing for the VICTUS HAZE mission as part of delivering an end-to-end solution.
• February 24, 2025: Complete the Critical Design Review for a Space Force VICTUS HAZE spacecraft capable of launch on 24 hours’ notice with launch preparations initiating later in 2025.
• January 22, 2025: Design, build, launch, and operate a spacecraft for VICTUS HAZE in 2025 under a $32 million contract to demonstrate RPO and SDA capabilities.
• January 22, 2025: Configure a Pioneer-class spacecraft and Electron launch from LC-1 or LC-2 for VICTUS HAZE with a rapid Hot Standby phase to enable immediate commissioning.
• January 22, 2025: Secure additional Space Force contracts including STP-30 launch within 24 months and Neutron upper stage development to support national security missions.
• January 22, 2025: Build and launch a responsive Space Force mission able to launch within 24 hours in 2025 as part of the company’s tactically responsive space capabilities.

In-Space Manufacturing with Varda: Pioneer Spacecraft and Reentry Operations

Cluster Description

Commitments to deliver rapid, repeatable in-space manufacturing missions including reentry operations and scaling of the Pioneer spacecraft line.

Commitments

• May 14, 2025: Manage and execute three Varda missions in just over a year with W-3 launched 15 days after W-2, demonstrating rapid, tailored spacecraft production and operations.
• March 15, 2025: Deploy Varda’s third Pioneer spacecraft (W-3) and progress final assembly of the fourth spacecraft to advance commercial in-space manufacturing.
• February 27, 2025: Deliver re-entry for Varda’s W-2 mission via Rocket Lab’s Pioneer spacecraft and continue development of advanced spacecraft for orbital manufacturing.
• February 18, 2025: Execute a series of orbital maneuvers under an FAA reentry license to safely bring Varda’s Winnebago-1 capsule back to Earth with multi-burn targeting.
• January 15, 2025: Provide ongoing support for Varda’s orbital processing missions through precise spacecraft operations enabling deorbit and recovery.
• December 17, 2024: Deliver four Pioneer spacecraft (two delivered, third completed, fourth scheduled for Q1 2025) while establishing high-cadence reentry operations.

Launch Cadence, Responsiveness, and Reliability Targets

Cluster Description

Company-wide commitments to operational throughput, rapid turnarounds, and 2025 cadence targets; later forecasts reaffirm and supersede earlier statements.

Commitments

• October 14, 2025: Forecast more than 20 Electron launches in 2025, reaffirming and superseding earlier 2025 cadence targets announced throughout the year.
• October 07, 2025: Increase production and launch cadence to meet international demand for 20+ Electron launches in 2025.
• October 06, 2025: Target 20+ Electron launches during 2025 while initiating the 21-mission Synspective series.
• August 23, 2025: Continue executing an accelerated Electron launch schedule with the 12th mission of 2025.
• June 28, 2025: Achieve the fastest turnaround between two Launch Complex 1 missions during a month with four launches and plan further launches later in the year.
• June 26, 2025: Maintain a high-cadence launch schedule with another mission scheduled two days later and potential for over 20 launches in 2025.
• June 24, 2025: Maintain peak operational efficiency with back-to-back launches in June as part of a multi-launch HawkEye 360 contract.
• June 16, 2025: Add two more missions to the 2025 manifest toward achieving 20+ launches with 100% mission success.
• March 26, 2025: Increase Electron launch cadence to hit 20+ launches in 2025, including rapid four-month contract-to-launch turnarounds.
• November 25, 2024: Demonstrate unprecedented responsiveness by executing two missions in less than 24 hours, setting a company turnaround record.
• November 05, 2024: Reduce contract-to-launch timelines to under ten weeks while standardizing rapid Electron production for year-round availability.

Electron Reusability Initiative

Cluster Description

Commitments to qualify recovered hardware for reflight to further increase cadence and efficiency.

Commitments

• January 22, 2025: Advance Electron reusability by qualifying a recovered first-stage tank for potential reflight to increase cadence through reuse following rigorous acceptance testing.

Financial Targets and Guidance

Cluster Description

Financial commitments to revenue and margin targets aligned with operational scaling.

Commitments

• August 07, 2025: Target record Q3 2025 revenue of $145–$155 million and GAAP gross margins of 35%–37% and Non-GAAP 39%–41%.
• May 08, 2025: Guide Q2 2025 revenue to $130–$140 million and expand GAAP gross margins to 30%–32%.
• November 12, 2024: Aim for record Q4 2024 revenue of $125–$135 million based on strong demand and backlog.

OroraTech Wildfire Monitoring Constellation

Cluster Description

Commitments to deliver time-critical environmental monitoring missions with rapid contract-to-launch execution.

Commitments

• March 27, 2025: Execute a rapid-turnaround mission launching eight satellites for OroraTech within four months of contract signing to meet seasonal wildfire monitoring needs.
• March 26, 2025: Increase cadence toward 20+ 2025 launches while deploying eight OroraTech satellites for continuous real-time wildfire monitoring.
• January 22, 2025: Launch eight satellites for OroraTech to a 550 km orbit within four months of contract signing to provide urgent access to space for wildfire detection.