Rocket Lab and AST SpaceMobile both reported Q2 2026 earnings, aiming to disrupt SpaceX in different ways. Rocket Lab posted $234 million in revenue, up 62%, with a $2.36 billion backlog and strong defense contracts, showing a diversified business model including satellite manufacturing and launch services. AST SpaceMobile, focusing on direct-to-phone broadband, reported $31.5 million revenue but missed expectations and faced a large loss due to a launch incident, though it is preparing beta services with strategic partners. Rocket Lab is seen as a safer, diversified investment, while AST offers higher risk and potential reward depending on its beta service success and satellite launches.
Rocket Lab announced a delay in the first flight of its Neutron medium-lift reusable rocket to 2027 after discovering voids in the carbon composite layers of the propellant dome during manufacturing. While the flaw won't cause flight failure and has ...
Rocket Lab announced a delay in the first launch of its Neutron reusable medium-lift rocket to 2027 due to manufacturing defects in a carbon-composite dome on the rocket's first-stage propellant tank. This delay pushed the stock down nearly 10% in af...
Rocket Lab Corporation announced a revised schedule for the inaugural launch of its Neutron medium-lift rocket, now expected in 2027. This update reflects adjustments in the development program for the Neutron launch vehicle, which aims to provide re...
AST SpaceMobile's stock dropped 8% after Piper Sandler downgraded it to Neutral and cut the price target to $54, citing concerns over the pace of satellite launches and rising competition from SpaceX. SpaceX, which is also AST's main launch provider,...
