Record Revenue Growth
Rocket Lab achieved its highest annual revenue of $436 million, representing a 78% increase from the previous year. The Q4 growth was 121% year-over-year, with a 26% increase from Q3 to Q4.
Increased Launch Cadence
Rocket Lab delivered a record number of 16 launches in 2024 with 100% mission success, maintaining its position as the leading small launch provider globally.
Significant Contract Wins
Rocket Lab signed $450 million in new contracts in 2024, strengthening its backlog to over $1 billion.
Introduction of Flatellite
Rocket Lab introduced Flatellite, a low-cost, mass-producible satellite designed for large constellations, enhancing their space applications capabilities.
Neutron Development Progress
Neutron's launch infrastructure is nearing completion with significant progress in testing of the Archimedes engines and other hardware.