Rocket Lab successfully launched eight customized Lightning satellites on August 15 from Cape Canaveral to replenish Globalstar's communications constellation. These satellites, part of a $143 million contract with MDA Space, will enhance Globalstar's direct-to-device communications and IoT services. Rocket Lab has confirmed all satellites are operational and will now undergo commissioning before joining the network. This launch marks Rocket Lab's expansion from launch services into satellite design, manufacturing, and operations, reflecting growing demand for large communications constellations.
The Tema Space Innovators ETF (NASA) initially attracted investors by offering direct exposure to SpaceX through a special-purpose vehicle before SpaceX's IPO in June 2026. Once SpaceX went public, the ETF's unique access premium vanished, and SpaceX...
Three major large-cap growth ETFs—Schwab SCHG, Vanguard VUG, and Invesco QQQ—offer different approaches to capturing growth, especially in AI and tech sectors. QQQ, tracking the Nasdaq-100, outperformed with a 10-year return of about 513%, benefiting...
Rocket Lab Corporation reported a record $234.1 million in revenue for Q2 2026, marking a 62% year-over-year growth and surpassing analyst expectations. The company also achieved a record backlog of over 90 launches and secured more than $437 million...
Space stocks traded unevenly Thursday morning following Intuitive Machines' Q2 earnings report, which showed record revenue but missed expectations and a wider loss. Despite the miss, new contract awards and backlog growth helped limit the selloff, s...
Rocket Lab's stock shows resilience with a strong backlog of over 90 launches booked, easing worries about delays in its Neutron rocket launch. Despite a high forward revenue multiple and free cash flow expected only by 2028, growing customer contrac...
