Rocket Lab Corporation has transformed from a launch-dependent company to a vertically integrated defense contractor with direct government contracts. Its backlog grew 20% sequentially and 108% year-on-year in Q1 FY26, reaching a record $2 billion across all programs. Revenue and margin growth now come from spacecraft manufacturing and space systems rather than just launches. Despite delays in its Neutron rocket program, Rocket Lab's stock has surged 213% since September 2025, driven by strong government contract wins and market confidence.
Rocket Lab is rated Strong Buy with a $173 per share target due to strong demand in civil, defense, and commercial space sectors. The company's backlog has reached $2.22 billion with a 2.86x book-to-bill ratio, supported by multi-launch contracts and...
The Strategas Macro Thematic Opportunities ETF (SAMT), launched in 2022, uses an active approach to invest across several key market themes like AI, robotics, electrification, and space. This flexibility allows it to pick high-conviction stocks withi...
The Procure Space ETF (UFO) surged 165% over the past year, fueled by anticipation of a SpaceX IPO, defense satellite contracts, and renewed interest in space exploration programs. The fund, which tracks companies involved in satellite operations and...
Rocket Lab reported a record $200.3 million in revenue for Q1, a 63.5% increase year-over-year, driven mainly by its Space Systems business generating $136.7 million compared to $63.7 million from launch services. The company’s backlog more than doub...
Rocket Lab is the only publicly traded pure-play company in the space launch sector, recognized by SpaceX as a key competitor. The company currently operates in the small-lift launch market with its Electron rocket and is expanding into medium-lift p...
