Rocket Lab’s Biggest Launch Deal Yet: Confidential Customer Books Multiple Neutron And Electron Launches

Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today announced it has signed the largest launch contract in Company history with a confidential customer: a bulk order of dedicated Neutron and Electron launches that brings Rocket Lab’s total launch manifest to more than 70 missions and values the Company’s overall backlog at more than $2.2 billion.

The multi-launch agreement includes five dedicated Neutron launches and three dedicated Electron launches baselined to launch between 2026 and 2029. The missions will lift-off from both Rocket Lab Launch Complex 1 in New Zealand and Rocket Lab Launch Complex 3 in Virginia. Pricing for these launches aligns with Rocket Lab’s average selling price for Neutron and Electron. The remaining terms of the deal are undisclosed.

With this award, Neutron’s commercial launch manifest is rapidly filling up through to the end of the decade: a remarkable milestone achieved before the reusable medium-lift rocket’s inaugural launch, and one which highlights the continuous demand for medium-lift launch alternatives. Demand for Neutron’s early commercial launch slots speaks to the industry’s appetite for a dependable launch service to deliver next-generation constellations to space, and strong customer confidence in Rocket Lab’s ability to deliver a reliable medium-lift reusable rocket that will do just that.

Rocket Lab founder and CEO, Sir Peter Beck, says: “This record launch contract sends a clear signal: the space industry needs more launch capacity and it needs it from launch providers who know how to deliver. Operators are moving fast to establish infrastructure on orbit, government customers are modernizing their space capabilities, and new technology is being developed to test in space - and all of it needs the type of reliable, frequent access to orbit that Electron provides and Neutron will soon deliver.”

Market Leading Backlog Positions Rocket Lab for Sustained Growth

With 87 completed Electron launches and more than 70 missions for Neutron and Electron in backlog, the growth in Rocket Lab’s cadence and backlog highlights the Company's role as the world's second most active launch provider. Alongside other launch contracts secured in Q1 2026, Rocket Lab has now sold more launches in the first three months of the year than the Company sold in the full year 2025. This new award also surpasses Rocket Lab’s previous launch contract record set in Q1 2026 with a $190 million contract for a block buy of 20 hypersonic test flights with its HASTE launch vehicle for the Department of War.

This booking momentum showcases the scalability of Rocket Lab’s tri-vehicle approach to serving every launch need for the space industry: Electron continues to lead the small satellite launch market with unmatched flight rates and reliability; HASTE is at the forefront of hypersonic flight tests for national security and defense; and Neutron addresses assured access to space for commercial constellations, national security, interplanetary missions, and eventually human spaceflight.

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