## Filing Overview
**Filing Date**: 2024-03-24
**Type of Filing**: [[Filing Definitions#10-K|10-K]]
**Fiscal Year End**: 2023-12-31
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## Notes
Rocket Lab's **2023 Annual Report** highlights significant achievements and ongoing initiatives:
- **Revenue Growth**: $245 million, a 16% increase from 2022, attributed to higher launch cadence and organic growth in space systems.
- **Key Contracts and Milestones**:
- Awarded a **$515 million contract** by the Space Development Agency for 18 satellites.
- Set a record with **10 launches**, including missions from both LC-1 (New Zealand) and LC-2 (Virginia).
- Progressed development of the **Neutron reusable rocket** and its supporting infrastructure.
- Opened a **Space Structures Complex** in Maryland for composite spacecraft components.
- **Backlog Expansion**: Increased from $504 million (2022) to $1,046 million (2023).
- **Strategic Liquidity**: Closed a **$355 million Convertible Note** transaction in early 2024.
Rocket Lab remains focused on advancing technology, enhancing operational efficiency, and delivering value to shareholders.
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## Filing
![[002843e5-b81c-456f-81e4-2356ceaefe0b.pdf]]