## Filing Overview **Filing Date**: 11-12-2024 **Type of Filing**: [[Filing Definitions#8-K|8-K]] --- ## Notes ### Summary: Rocket Lab announced its third-quarter 2024 financial results, highlighting significant milestones and providing fourth-quarter guidance: - **Revenue Growth**: $105 million for Q3, reflecting a **55% year-on-year increase**. - **Backlog**: $1.05 billion, showcasing strong demand. - **Fourth Quarter Guidance**: - Expected revenue between **$125-$135 million**. - Adjusted EBITDA loss forecast between **$27-$29 million**. ### Key Highlights: - **Electron Launch Vehicle**: - Set a record of **12 launches** year-to-date, with more planned for November and December 2024. - Signed $55 million in new launch contracts, with an increased average price of $8.4 million per launch. - **Neutron Development**: - Secured a multi-launch agreement for a confidential satellite constellation. - Advanced Archimedes engine testing and manufacturing at Rocket Lab facilities. - Positioned for the U.S. Space Force's National Security Space Launch program. - **Space Systems**: - Delivered two spacecraft for NASA's ESCAPADE Mars mission. - Selected for a NASA study contract to retrieve Mars samples. - Completed spacecraft for Varda Space Industries and advanced contracts with the Space Development Agency. ### Financial Position: - **Cash and Equivalents**: $292.47 million as of September 30, 2024. - **Gross Profit**: Improved to $28 million in Q3 2024, from $15 million in Q3 2023. --- ## Filing ![[a9661783-5ea6-4414-bf2c-a896d3a3b9fe.pdf]]