RocketLab CE0, Peter Beck at the company's Auckland headquarters

Rocket Lab leverages vertical integration to land $515M military satellite contract

RocketLab CE0, Peter Beck at the company's Auckland headquarters

Image Credits: Phil Walter / Getty Images

The Space Development Agency is the mystery customer behind Rocket Lab’s up-to $515 million, 18-satellite order announced in late December, the two firms announced today.

In a regulatory filing from December 21, Rocket Lab said it would “design, manufacture, deliver and operate 18 space vehicles” for an unnamed U.S. government customer. In a statement today, the SDA said that the deal for the 18 satellites is for a portion of the SDA’s vast network of military satellites known as Proliferated Warfighter Space Architecture (PWSA).

The contract is for a base amount of $489 million with additional opportunities worth $26 million.

The SDA has already issued billions in contracts for PWSA. This particular funding is for a portion known as the Tranche 2 Transport Layer, and a variant called Beta. The SDA has already awarded contracts for 72 T2TL Beta satellites, for a total value of $1.5 billion, to Northrop Grumman and Lockheed Martin.

Under the contract, Rocket Lab will deliver and operate a prototype constellation in two orbital planes of nine satellites each. The satellites are scheduled to launch no later than July 2027. Rocket Lab will not be providing the communications payload, and company executives declined to name that provider during a press release Monday.

“We welcome Rocket Lab as the newest member of Team SDA and our third performer on the T2TL- Beta program,” said Derek Tournear, SDA director. “Their selection as a new prime and bus provider demonstrates SDA’s dedication to our mission, which includes development of a growing, innovative marketplace necessary to sustain SDA’s proliferated architecture on two-year spirals.”

The new award is the largest in the company’s history. The bulk of the work will be carried out in the next three years, and Rocket Lab will operate the satellites through 2030, with an option to extend operations through 2033. The satellites will be built at the company’s spacecraft development and manufacturing complex in Long Beach, California, and brings the total number of spacecraft under backlog to 40.

Rocket Lab is leveraging its vertically integrated supply chain, with the company not only building the satellites but also using much of its own subcomponents, including solar panels, star trackers, reaction wheels and avionics, CEO Peter Beck said during the press conference,

Rocket Lab CTO Adam Spice touched on this specifically during the press release: “This contract is the culmination of a thoughtful and deliberate investment in our space systems business,” he said. “It’s why we either acquire key space technologies or invest in them organically, as a means to deliver industry-leading quality performance and schedule.”

He added that the company is “certainly not stopping at Beta” and that Rocket Lab will continue to make proposals on other initiatives.

RocketLab CE0, Peter Beck at the company's Auckland headquarters

Rocket Lab leverages vertical integration to land $515M military satellite contract

RocketLab CE0, Peter Beck at the company's Auckland headquarters

Image Credits: Phil Walter / Getty Images

The Space Development Agency is the mystery customer behind Rocket Lab’s up-to $515 million, 18-satellite order announced in late December, the two firms announced today.

In a regulatory filing from December 21, Rocket Lab said it would “design, manufacture, deliver and operate 18 space vehicles” for an unnamed U.S. government customer. In a statement today, the SDA said that the deal for the 18 satellites is for a portion of the SDA’s vast network of military satellites known as Proliferated Warfighter Space Architecture (PWSA).

The contract is for a base amount of $489 million with additional opportunities worth $26 million.

The SDA has already issued billions in contracts for PWSA. This particular funding is for a portion known as the Tranche 2 Transport Layer, and a variant called Beta. The SDA has already awarded contracts for 72 T2TL Beta satellites, for a total value of $1.5 billion, to Northrop Grumman and Lockheed Martin.

Under the contract, Rocket Lab will deliver and operate a prototype constellation in two orbital planes of nine satellites each. The satellites are scheduled to launch no later than July 2027. Rocket Lab will not be providing the communications payload, and company executives declined to name that provider during a press release Monday.

“We welcome Rocket Lab as the newest member of Team SDA and our third performer on the T2TL- Beta program,” said Derek Tournear, SDA director. “Their selection as a new prime and bus provider demonstrates SDA’s dedication to our mission, which includes development of a growing, innovative marketplace necessary to sustain SDA’s proliferated architecture on two-year spirals.”

The new award is the largest in the company’s history. The bulk of the work will be carried out in the next three years, and Rocket Lab will operate the satellites through 2030, with an option to extend operations through 2033. The satellites will be built at the company’s spacecraft development and manufacturing complex in Long Beach, California, and brings the total number of spacecraft under backlog to 40.

Rocket Lab is leveraging its vertically integrated supply chain, with the company not only building the satellites but also using much of its own subcomponents, including solar panels, star trackers, reaction wheels and avionics, CEO Peter Beck said during the press conference,

Rocket Lab CTO Adam Spice touched on this specifically during the press release: “This contract is the culmination of a thoughtful and deliberate investment in our space systems business,” he said. “It’s why we either acquire key space technologies or invest in them organically, as a means to deliver industry-leading quality performance and schedule.”

He added that the company is “certainly not stopping at Beta” and that Rocket Lab will continue to make proposals on other initiatives.

Hand holding a mobile phone with the logo of Spotify on its screen.

Spotify for Podcasters adds new integration with Riverside, sunsets some legacy podcasting tools

Hand holding a mobile phone with the logo of Spotify on its screen.

Image Credits: Nikos Pekiaridis/NurPhoto / Getty Images

Spotify has announced an expanded partnership with video and podcast recording platform Riverside, and is sunsetting some of its legacy podcasting tools. The company is shutting down its web- and mobile-native creation tools, including its “Music + Talk” tool, which is an experimental feature that allows podcasters to include full licensed music tracks in their podcast episodes on Spotify.

The decision to shut down the Music + Talk feature, which first launched in June, is a significant blow to music podcasters, who share music tracks while discussing them in their podcasts. Spotify is also shutting down its Record with Friends and Voice Message features. Plus, it’s discontinuing the episode builder experiences on mobile and web.

The company says the changes, which will go into effect in June, are part of its efforts to refocus its attention from some of its legacy tools to “the next generation of podcast innovations.”

With the expanded partnership with Riverside, podcasters can now record and edit their audio and video podcasts with Riverside right inside the Spotify for Podcasters web product.

“You can bring in guests for remote interviews, make precise transcript-based edits to the recording, and use their comprehensive suite of AI tools to further clean up and enhance your content before publishing seamlessly through Spotify for Podcasters,” Spotify wrote in a blog post. 

When creators make a new episode in Spotify for Podcasters, they can now click the “Create with Riverside” button. Creators are able to record, edit and publish episodes without leaving their browser window. You can record a new episode or edit an existing one. If you record a new episode, you start by selecting what type of episode you want to create. Then, you can invite your guests to join and press record.

When you’re finished recording, you can edit out parts of your episode. change the layout for video episodes, add captions to your video or remove background noise. When you’re done editing, you can save your episode back to Spotify for Podcasters. Then, you can enter your episode details and add monetization if available. You can then press publish and your podcast will go live.

Spotify first launched its partnership with Riverside in 2022. The company says Riverside offers a podcast creation feature set similar to what exists in Spotify for Podcasters today, but with the addition of new video and AI tools.

Last week, Spotify CEO Daniel Ek told investors that the company was not afraid of sunsetting things to refocus on value. He stated that “killing things that sometimes sort of work is a healthy thing to refocus and reenergize people on the things that really drive lots of value.”

The new integration with Riverside and the sunsetting of Spotify’s legacy tools indicates that Spotify isn’t exactly focused on developing in-house tools for creators, and is instead looking to expand its partnership with a company that is already respected by podcasters.

Actually, it’s good for Spotify that Joe Rogan’s podcast is no longer exclusive