## Filing Overview
**Filing Date**: 2022-05-16
**Type of Filing**: [[Filing Definitions#8-K|8-K]]
**Event Date**: 2022-05-16
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## Notes
- **Rocket Lab USA, Inc.** announced its **Q1 2022 financial results**:
- Revenue: **$40.7 million**, a 124% year-over-year growth.
- Space Systems revenue contributed 84% of total revenue, with 1,873% growth year-over-year.
- Backlog grew from **$241 million** in Q4 2021 to **$546 million** in Q1 2022.
- Key highlights from Q1 2022:
- Awarded a **$143 million contract** with [[MDA]] to build 17 spacecraft buses for Globalstar's constellation.
- Launched the **first of three dedicated [[Synspective]] missions**, delivering an Earth-imaging satellite.
- Completed the acquisition of **[[SolAero Technologies]], Inc.**, expanding capabilities in solar panel production for space systems.
- Successfully launched from the **new Pad B at Launch Complex 1**, doubling launch capacity.
- Guidance for **Q2 2022**:
- Revenue expected between **$51 to $54 million**.
- Adjusted EBITDA loss forecasted between **$3.5 to $5.5 million**.
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## Filing
![[7cf5c672-905e-40eb-ae8b-46b6610c62ba.pdf]]