## Filing Overview
**Filing Date**: 08-07-2024
**Type of Filing**: [[Filing Definitions#10-Q|10-Q]]
**Reporting Period**: Quarter ended June 30, 2024
---
## Notes
- **Revenue**: Rocket Lab reported revenues of **$106.25 million** for Q2 2024, a **71% increase** compared to $62.05 million in Q2 2023, driven by growth in space systems and launch services.
- **Net Loss**: The company incurred a net loss of **$41.63 million**, compared to **$45.89 million** in Q2 2023.
- **Cash Position**: Cash and cash equivalents increased to **$340.91 million**, reflecting proceeds from convertible senior notes issued in Q1 2024.
- **Backlog**: Total backlog as of June 30, 2024, was **$1.07 billion**, with approximately 44% expected to convert to revenue within 12 months.
### Operational Highlights
- Rocket Lab completed multiple launches and expanded its space systems capabilities.
- Investments continued in the development of the **Neutron Launch Vehicle**, targeting medium-class payloads.
---
## Filing
![[2f8f26df-564b-4b50-b93b-38196dd96586 (1).pdf]]