Federal Contracts And OpportunitiesThe company was awarded an $8M federal defense contract with the U.S. Air Force Research Laboratory to support the development of its Archimedes rocket engine.
Financial PerformanceRevenue of $104.8M increased 55% year-over-year due to strong segment performance, led by Space Systems.
Neutron Rocket DevelopmentThe company has booked its launch customer for the Neutron rocket, set for first flight in 2025, demonstrating customer acceptance and solidifying the business case for the product.