What will be the change in market share for Rocket Lab and its competitors in 2025?
Rocket Lab increases market share • 25%
SpaceX increases market share • 25%
Other competitors increase market share • 25%
Market shares remain stable • 25%
Industry reports and market analysis from space industry analysts
Rocket Lab Successfully Deploys StriX Satellite for Synspective, Completes 16 Launches in 2024 with 60% Increase and 100% Success
Dec 21, 2024, 08:18 AM
Rocket Lab successfully deployed a StriX satellite for Synspective on December 21, 2024, marking the sixth launch for the company since it began its partnership with Synspective in 2020. The launch, which was part of a total of 16 booked missions, followed a rare aborted launch attempt by SpaceX earlier that day. Despite the setback, SpaceX later achieved liftoff successfully. Rocket Lab reported a 60% increase in launches year-over-year, completing 16 missions in 2024 with a perfect mission success rate. The company has launched four missions in the past four weeks, including two within 24 hours of each other. This latest mission underscores Rocket Lab's role as a key player in the satellite launch industry, particularly for synthetic aperture radar satellites designed to monitor Earth's surface changes.
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