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Rocket Lab Signs First Neutron Launch Contract, Posts 55% Growth in Q3

By Rachel Jewett

Wednesday, November 13th, 2024

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Rocket Lab Signs First Neutron Launch Contract, Posts 55% Growth in Q3

Rendering of the Neutron rocket deploying a constellation into orbit. Photo: Rocket Lab

Rocket Lab [RKLB] announced its first launch deal for the upcoming medium-lift Neutron rocket — a multi-launch agreement with an unnamed commercial satellite constellation operator. Rocket Lab announced the deal on Tuesday along with its third quarter financial results, posting 55% year-over-year growth. The company’ stock price surged 50% on Wednesday after the news. Under the Neutron deal, Rocket Lab will launch two dedicated missions on Neutron starting from mid-2026. The missions will launch from Rocket Lab’s launch complex in…

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