Rocket Lab schedules next launch, plans 22 launches in 2024
Rocket Lab has completed its investigation into a September 2023 launch failure and has now scheduled its next Electron launch for the end of November.
More significant, it says it has 22 booked launches scheduled for 2024, a pace that would more than double its previous annual record of 9 launches in 2022.
In its third quarterly report it also revealed that it lost just over $40 million in that quarter, more than last year’s third quarter by 17%. The September launch failure impacted those numbers, though the company’s revenue in the third quarter still grew by 7% from the previous year.
To achieve 22 launches next year will require the company to launch twice a month. With three launchpads (two in New Zealand and one in the U.S.) this is possible, but challenging. Of those launches, nine will attempt to recover and reuse the first stage, and two will not be orbital but suborbital hypersonic tests for the military.
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Rocket Lab has completed its investigation into a September 2023 launch failure and has now scheduled its next Electron launch for the end of November.
More significant, it says it has 22 booked launches scheduled for 2024, a pace that would more than double its previous annual record of 9 launches in 2022.
In its third quarterly report it also revealed that it lost just over $40 million in that quarter, more than last year’s third quarter by 17%. The September launch failure impacted those numbers, though the company’s revenue in the third quarter still grew by 7% from the previous year.
To achieve 22 launches next year will require the company to launch twice a month. With three launchpads (two in New Zealand and one in the U.S.) this is possible, but challenging. Of those launches, nine will attempt to recover and reuse the first stage, and two will not be orbital but suborbital hypersonic tests for the military.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
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