## Filing Overview
**Filing Date**: 09-26-2023
**Type of Filing**: [[Filing Definitions#8-K|8-K]]
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## Notes
Rocket Lab provided updates on its Electron mission anomaly and adjusted its Q3 2023 financial guidance:
- **Mission Update**:
- The 41st Electron mission experienced an in-flight anomaly at T+2:30, resulting in mission failure.
- An investigation is underway in collaboration with the **FAA**, with corrective actions pending.
- The next planned launch has been postponed until the investigation concludes.
- **Revised Financial Guidance**:
- **Revenue**: Adjusted to $66-$68 million from $73-$77 million.
- **Launch Services Revenue**: Reduced to $22 million from $30 million.
- **Space Systems Revenue**: Expected at $44-$46 million.
- **Non-GAAP Gross Margin**: Revised to 26%-28%.
The company emphasized its readiness to return to flight with multiple launch vehicles in production and launch sites prepared for operation.
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## Filing
![[0e2372b7-5036-40a3-b9ab-e87a39436c58.pdf]]