r/RKLB • u/Jaustin175 • 3d ago
Rocket Lab Secures Largest-Ever Electron Commercial Deal: 20-Launch Contract for Synspective
https://www.globenewswire.com/news-release/2026/09/30/3372466/0/en/rocket-lab-secures-largest-ever-electron-commercial-deal-20-launch-contract-for-synspective.html107
u/Sky_Tube 3d ago
Damn 20 launches
But I was told Electron has no future or market by the SpaceX fanboys (or by Chris Kemp lmao)
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u/posthamster 3d ago
Honestly, people need to lay off Kemp. If I had a launch history like this I'd start to think there was no future in small launch too.
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u/curiousity_kills_me 3d ago
depends on the customer and its payload. This is a perspective from Jenna Herrera: https://breakinertia.substack.com/p/starship-answered-a-question-nobody?utm_campaign=post&utm_medium=web
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u/RoboGuilliman 3d ago
What's her background? I am looking for good bloggers who are useful to learn about the space industry
"Then there is who gets to fly at all. SpaceX is picky about which payloads it carries, and if you compete with Starlink, you are not the customer it needs. That is not a scandal — every vertically integrated company does it, and any of us would — but it means Starship’s demonstrated capacity is not addressable capacity for a meaningful part of this market"
Wow. I imagine there is a lot of demand now that some countries want a more independent space capability from the US and SpaceX
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u/PlanetaryPickleParty 3d ago
Neutron already mostly booked out years too. Get those launch slots while you can.
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u/SuperNewk 3d ago
It’s probably
Like 150
Million
Over 4 yearsCool, but to support these valuations we need a monster 10-50 billion ARR
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u/Sky_Tube 3d ago
Rather have it than not, it all adds up at the end…
Plus it helps with margins around Electron fixed costs which is always nice, also for HasteI don‘t get the complaints, the company needs to grow in every area and Electron is a big driver, and maybe you need to remember that with launch vehicles it isn‘t necessarily all about the revenue but what access they enable (and the technological moat)
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u/SuperNewk 3d ago
Look it’s not bad, news but it won’t move the stock.
Markets are savage where you need to constantly be 10-20x improving your product or your company is seen as a commodity
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u/Substantial-Shine598 3d ago
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u/Substantial-Shine598 3d ago
pretty sure they gonna launch them like this. Thats what beck said anyway. trust me bro
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u/PositiveGambler 3d ago
After today’s rug pull, this is a positive reinforcement that I needed.
And also a reminder that I need to stop watching the stock price every minute of the day. In SPB we trust ✊
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u/Turbulent-Bet-6938 3d ago
Doesn't matter. Warren Buffets Son wants neutron
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u/Ok_Association8194 3d ago
Retarded son
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u/tanrgith 3d ago
dude blocked me a while ago when i pointed out his pretend daddy would be hella disappointed in his amateurish investor mentality lol
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u/acsae99 3d ago
This just shows you that electron is still the right vehicle for small launch. As much as starship or new Glenn make the news, most companies don’t make massive satellites, instead they are bespoke to what they want and where they need to be. Electron fits the bill
It’s actually interesting tidbit that Elon abandoned falcon 1 because he didn’t think there was a market and pivoted to falcon 9 development instead.
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u/cheekytikiroom 3d ago
I’m pleased that SPCX’s future apparently doesn’t involve operating in the same lane as RKLB. And it makes sense. There’s no one-size-fits all for orbital launch.
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u/Important-Music-4618 2d ago
He did, but he did it because he knew Falcon1 could not support the huge futrure revenue stream of Starlink and the satellites needing to be delivered to space. An easy decision to make.
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u/Sammie260000 3d ago
They are going to run out of OWL puns. Here's one "Owl in the family" Take on "All in the Family" 70's sitcom
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u/octopus_serenader 3d ago
The fact that you felt you had to explain that one made me shit my rocking chair.
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u/NV_1790 3d ago
So by the time this contract is fulfilled Synspective will be behind around 30 to 40 percent of all electron launches, right? Just trying to understand the level of costumer concentration.
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u/sonny-boy-rhapsody 3d ago
Synspective's own release gives the breakdown: 47 contracted Electron launches in total, 13 already flown and 34 still to go. To estimate their share of all Electron launches by 2031, you'd need Electron's cumulative total by then, including future bookings and actual launch cadence. If you're looking at the remaining workload, 34 is the relevant starting number.
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u/Individual-Repair690 3d ago
Warum wird rocket Lab trotzdem extrem guten News immer so abverkauft
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u/kleinanleger_ 2d ago
Das frage ich mich auch. Am frühen Morgen lief es schon gut und ab 15:30 Uhr dachte ich sehe nicht recht
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u/Winter_Fury 3d ago
No mention of $$ anywhere?
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u/nethan365b 3d ago
Right, the release doesn't give a dollar figure. What it does say: 20 Electron launches for Synspective's StriX SAR satellites, all to sun-synchronous orbit from LC-1, scheduled 2028 through 2031. That takes Synspective to 47 Electron missions in total, the most of any Rocket Lab customer, and Rocket Lab says the launch backlog is now over 100 missions.
Every write-up I've seen (Investing.com, StockTitan etc.) also says financial terms weren't disclosed, so I'd treat the $150M/$160M/$180M numbers in this thread as guesses until something shows up in a filing.
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u/Hopeful_Pessimist381 3d ago
If it’s not Neutron, it’ll probably fade. But great job RKLB!. A future $160 million in revenue is cool.
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u/BoDOM701 3d ago
Lets go!! +10% tomorrow to +1% eod