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Business/Financial

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…

Space

Space Force Eyes Nearly $1.5 Billion for Space Data Network Backbone in Future Reconciliation Bill

The U.S. Space Force (USSF) plans to request nearly $1.5 billion for the Space Data Network (SDN) Backbone in a future fiscal 2027 reconciliation bill. Last week, Space Force’s Space […]

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]