Rocket Lab reported $234 million in revenue for Q2, with a backlog rising to $2.36 billion, driven by its Space Systems segment which accounted for 81% of revenue. The company aims to price its Neutron rocket between $50 million and $55 million without significant discounts, emphasizing launch frequency over just reaching orbit. Additionally, the recent $8 billion acquisition of Iridium adds over $870 million in recurring revenue but introduces risks related to leverage, integration, and dilution. Despite a nearly 60% drop from its highs, Rocket Lab's operating fundamentals have materially strengthened, reflecting its ongoing transition into a space infrastructure player.
Rocket Lab successfully launched its 98th Electron rocket mission, delivering three HawkEye 360 satellites into low Earth orbit. These satellites operate in formation to collect radio frequency data for maritime tracking, GNSS jamming detection, and ...
Rocket Lab Corporation (RKLB) has been upgraded to a Buy rating due to its structural advantage of owning both launch and satellite assets, further boosted by its acquisition of Iridium, which is expected to bring immediate positive EBITDA. Meanwhile...
Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...
Rocket Lab Corporation announced it will release its financial results for the third quarter of 2026 after U.S. market close on November 9, 2026. The company will host a conference call at 2:00 p.m. Pacific Time to discuss the results, accessible via...
Iridium Communications completed its acquisition of Aireon, enhancing its satellite-based air traffic surveillance capabilities. Rocket Lab's acquisition of Iridium was approved by 99.6% of shareholders, with the deal expected to close by mid-2027 pe...
