Rocket Lab Aims for 20+ Launches in 2025, Eyes Profit in 2027
Rocket Lab, a leading small satellite launch company, has announced an ambitious expansion plan. The company aims to conduct over 20 launches this year, marking a significant increase from 2024. This growth is set to continue, with plans for ramping launches in 2027, potentially leading to profits in the same year. The company's stock, rklb stock, surged 6.2% following a new contract win.
Rocket Lab's first Neutron rocket launch is scheduled for later this year. This new rocket, designed for larger payloads, is expected to further boost the company's capabilities. Meanwhile, Rocket Lab has already performed four launches for iQPS, a company aiming to build a 36-satellite constellation of synthetic aperture radar (SAR) satellites. iQPS has reserved space in Rocket Lab's lineup for a total of seven launches from now through 2026.
In addition to its commercial contracts, Rocket Lab has also secured a deal with NASA. The space agency has contracted Rocket Lab for three additional Electron rocket launch missions, set to take place in 2025. Despite these contract wins, Rocket Lab has reported losses. The company has racked up $127 million in losses through H1 2025, with analysts forecasting total losses of over $218 million for the year.
Rocket Lab's aggressive launch schedule and expansion plans indicate a strong commitment to growth in the small satellite launch market. With significant contracts from both commercial and government entities, including rocket mortgage, the company is poised to become a major player in the industry. However, its financial performance remains a concern, with losses expected to continue into 2025.
