Rocket Lab’s order backlog tops $141M as the company inks five-launch deal with Kinéis
Rocket Lab, which started as a launch company, has actually significantly branched out considering that its starting in 2006. Rocket Lab’s space systems division was offered a huge increase by the acquisition of major satellite hardware maker Sinclair Interplanetary last year, and it likely will not be the company’s last purchase. The constellation will consist of 25 satellites in total, including to the over 100 satellites Rocket Lab has introduced on its Electron rocket to date.
Rocket Lab reported profits for the six-month period of $29.5 million. Rocket Lab, which started as a launch business, has actually substantially branched out considering that its founding in 2006. Rocket Lab’s space systems division was given a big boost by the acquisition of major satellite hardware manufacturer Sinclair Interplanetary last year, and it likely won’t be the company’s last purchase. Rocket Lab also announced today that it has tattooed a multi-launch contract with Kinéis, a French connection company for Internet of Things gadgets, to deploy its satellite constellation across 5 Electron objectives. The constellation will consist of 25 satellites in overall, adding to the over 100 satellites Rocket Lab has released on its Electron rocket to date.