defence-industry.eu
• Martin Chomsky
Rocket Lab stock fell after reports that the company’s Neutron medium-lift rocket could miss its previously targeted first flight and move into 2027. The potential delay adds schedule risk to Rocket Lab’s launch roadmap and the development of its next-generation reusable vehicle.
Commercial Space
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Teams at SpaceX’s Starbase production site are moving multiple Starship vehicles through assembly facilities as the company prepares them for cryogenic testing and subsequent milestones. The activity signals continued vehicle pipeline development and capacity expansion intended to support a higher future launch cadence.
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VinSpace, a Vingroup unit, has contracted SpaceX to launch its first satellites on a rideshare mission in 2027. The agreement is an initial step in the Vietnamese company’s plan to build a domestic space business spanning satellite manufacturing, spacecraft operations and data services.
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Rocket Lab stock fell after reports that the company’s Neutron medium-lift rocket could miss its previously targeted first flight and move into 2027. The potential delay adds schedule risk to Rocket Lab’s launch roadmap and the development of its next-generation reusable vehicle.
Rocket Lab forecast third-quarter gross margin below Wall Street expectations, citing a larger contribution from lower-margin satellite-platform sales. The mix shift signals near-term pressure on profitability as the company’s satellite business accounts for a greater share of revenue.
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Rocket Lab says its containerized GHOST infrastructure will enable more flexible Electron and HASTE operations beyond permanent launch sites, including military orbital and hypersonic test missions. Separately, the company cautioned that development challenges are narrowing Neutron’s 2026 debut window, raising the prospect of a first launch in 2027.
MDA Space reported another quarter of double-digit increases in revenue and adjusted EBITDA, while outlining an international strategy focused on expanding its space hardware and geospatial imagery businesses in the United States and Europe. The company is also widening its portfolio and geographic presence.
ALL.SPACE has won a contract to provide Aalyria with Hydra MAX terminals for deployment alongside Aalyria’s Spacetime orchestration software. The software will be integrated directly with the terminals, combining the companies’ hardware and network-management capabilities in a joint platform deployment.
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China’s Long March 7A failed less than 90 seconds after liftoff during an attempted communications-satellite launch, with amateur footage showing an apparent explosion. State media said the payload was lost and the cause was under investigation, marking the rocket family’s second failure this year.
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