Rocket Lab has increased the price for a dedicated launch on its Neutron rocket from $55 million to $70 million. The company cites high customer demand and limited launch capacity in the United States as primary drivers for this adjustment.
Despite the price hike and a delay of the first Neutron launch to 2027, the company secured eight new missions in the third quarter of 2026. These contracts are valued at over $515 million, effectively doubling the backlog for the vehicle. Current availability for Neutron flights now extends into the 2030s.
Financial projections for the fourth quarter of 2026 indicate revenue between $270 million and $290 million, with an anticipated loss ranging from $14 million to $20 million. CFO Adam Spice noted that the company also plans to raise prices for its Electron and HASTE launch missions.
The broader launch market is experiencing significant shifts due to tightening capacity. Companies such as AST SpaceMobile and Cowboy Space are moving to develop their own launch vehicles, while Canada is advancing its Launch the North initiative to support sovereign launch capabilities.
