Rocket Lab has secured its first customer for the Neutron rocket, a commercial satellite constellation operator, with two launches scheduled for mid-2026 and 2027.
Rocket Lab's CEO, Peter Beck, expressed optimism about deploying the customer's entire satellite constellation through Neutron.
The company is targeting a mid-2025 launch for Neutron, with a launch price set between $50 million and $55 million.
Rocket Lab plans to gradually scale Neutron launches, starting with a single test launch in 2025, followed by three launches in 2026 and five in 2027.
The Neutron rocket is crucial for Rocket Lab's launch services and its ambitions to deploy its own satellite constellation.
Rocket Lab has also announced its next Electron launch, scheduled for November 23, carrying five satellites for Kinéis.
Rocket Lab aims to solidify its position in the commercial spaceflight market by balancing the development of new vehicles with ongoing missions.