{"id":21979,"date":"2023-05-11T19:51:56","date_gmt":"2023-05-11T11:51:56","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/rocket-lab-eyeing-15-launches-in-2023-and-even-more-next-year\/"},"modified":"2023-05-11T19:51:56","modified_gmt":"2023-05-11T11:51:56","slug":"rocket-lab-eyeing-15-launches-in-2023-and-even-more-next-year","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/rocket-lab-eyeing-15-launches-in-2023-and-even-more-next-year\/","title":{"rendered":"Rocket Lab eyeing 15 launches in 2023 and even more next year"},"content":{"rendered":"
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No slowing down in a rather bare market<\/h2>\n

This has not been the year for SmallSat launchers, with only Rocket Lab taking the lead on launching so far. We are also going through a rough patch financially with Virgin Orbit\u2019s bankruptcy and continued missed goals from other companies putting a damper on growth.<\/p>\n

However, Rocket Lab is thriving with good revenue from both its launch and space operations departments. The company announced it made $19.6 million in Q1 2023 from its Electron launches and expects to bring in $23 million in Q2 spread across three launches. The first of those launches took place earlier in the week and was for NASA\u2019s TROPICS constellation.<\/p>\n

The company is also expanding and maturing its options. It recently ditched helicopter recovery of its Electron boosters and has gone instead with fishing them out of the ocean. While this seems counter-intuitive, it\u2019s cheaper and more reliable. Rocket Lab expects to use its first flight-proven Rutherford engine on an Electron launch by the end of the year.<\/p>\n

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