Rocket Lab Launches 8 Globalstar Satellites Under $143 Million MDA Contract
Updated
Updated · Yahoo Finance · Aug 17
Rocket Lab Launches 8 Globalstar Satellites Under $143 Million MDA Contract
3 articles · Updated · Yahoo Finance · Aug 17
Summary
Eight satellites were successfully launched and deployed by Rocket Lab for MDA Space, marking the first batch in a broader Globalstar direct-to-device constellation rollout.
The mission reinforces Rocket Lab’s push beyond launch services, with the company acting as a vertically integrated partner that manufactures satellites and sends them to orbit.
That model already spans other programs, including a $397 million SB AMTI Flatellites contract, QPS SAR launches and the planned Iridium acquisition.
Investors are now watching whether backlog converts into steady revenue over coming quarters, with Rocket Lab guiding for $250 million to $265 million in Q3 2026 revenue.