Rocket Lab Q2 Revenue Soars 62%, Wins $397M Space Force Deal
RKLB sits 98% above its 52-week low of $37.57.
Summary
Rocket Lab delivered a standout Q2: revenue jumped 62% YoY to $234.1M, beating expectations, while the net loss narrowed to $49.3M. The backlog ballooned 137% to $2.36B, signaling strong demand. Beyond earnings, the company landed a $397M Space Force contract for Flatellite spacecraft and over $160M in geostationary satellite deals, adding high-value government work. The Mynaric AG acquisition closed, bringing laser comms tech in-house to scale. A dedicated Neutron launch for Kepler, planned for 2028, extends the manifest. This follows the Nasdaq-100 inclusion and the pending Iridium acquisition, reinforcing Rocket Lab's rapid ascent in the space economy.
At the time of this announcement, RKLB was trading at $74.22 on NASDAQ in the Technology sector, with a market capitalization of approximately $47.9B. The 52-week trading range was $37.57 to $151.00. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.