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.
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.