Rocket Lab Signs First Neutron Launch Customer

Rocket Lab says it has signed the first customer for its Neutron launch vehicle, with a launch planned for mid-2025. SpaceNews reports: The company announced Nov. 12 that it signed a contract with an undisclosed "commercial satellite constellation operator" for two launches of Neutron, one in mid-2026 and the other in 2027, a deal that could lead to additional launches for the same customer. "We see this agreement as an important opportunity that signifies the beginning of a productive collaboration that could see Neutron deploy this particular customer's entire constellation," Peter Beck, chief executive of Rocket Lab, said in an earnings call Nov. 12 to discuss the company's third quarter financial results. [...]

Beck said Rocket Lab is "deep into the qualification testing" of flight hardware, including vehicle structures and the Archimedes engine, which was hotfired for the first time in August at the Stennis Space Center in Mississippi. "Our engine test cadence in Mississippi has doubled over the quarter, and we've bought multiple engines to the test stand," he said. Neutron is a key part of the company's ambitions to deploy its own constellation, something that Beck has hinted at in some previous earnings calls. His presentation called that constellation the third pillar for Rocket Lab, after launch services and spacecraft production, both of which support the constellation.

"We're not ready to reveal details on what this constellation or application may be," he said, "but I think it's important to understand the strong foundation we've built up across launch and space systems to enable it in due course." That includes Neutron, with Beck citing SpaceX's use of Falcon 9 to deploy its Starlink constellation. "Everything is irrelevant without a reusable high cadence launch. So, Neutron is really the key to unlocking that."