Rocket Lab(NASDAQ) RKLB

Rocket Lab Corporation helps people send satellites into space. It builds rockets and parts for spacecraft. It also manages equipment while it circles the Earth.

Building and Launching Space Hardware

• Space Systems: Design and manufacturing of spacecraft components and satellite platforms; generated $189.5 million in revenue during the three-month period ended June 30, 2026.
• Launch Services: Deployment of payloads into space using the Electron orbital rocket; generated $44.6 million in revenue during the three-month period ended June 30, 2026.
• On-Orbit Management: Management solutions for satellites and spacecraft already in orbit; part of the Space Systems segment.
• Neutron Rocket: Medium-class launch vehicle in development to carry 13,000 kg payloads to low Earth orbit, which is a path for satellites close to the planet.

Reaching for the Stars

• Acquired spacecraft component manufacturers Sinclair Interplanetary in April 2020 and SolAero Technologies Corp. in Jan. 2022.
• Expanded capabilities through the acquisitions of GEOST in Aug. 2025 and Motiv Space Systems in May 2026.
• Entered a definitive agreement on June 28, 2026, to acquire Iridium Communications Inc. for approximately $8 billion.
• Signed two U.S. Space Force agreements in July 2026 for suborbital launches (flights that do not reach orbit) and satellite design with a combined potential value of $663 million.

The End-to-End Advantage

Rocket Lab operates a private orbital launch complex that supports a high frequency of rocket launches. The company builds both launch vehicles and spacecraft components, allowing it to serve as a single partner for space missions.

Crucial Financial Benchmarks

• Revenue reached $234.1 million in the three-month period ended June 30, 2026, up 62% year over year.
• Space Systems revenue grew to $189.5 million in the three-month period ended June 30, 2026, up 94% year over year.
• Total backlog rose to $2.4 billion as of June 30, 2026, compared to $1.8 billion on Dec. 31, 2025.
• Net loss was $49.3 million for the three-month period ended June 30, 2026, compared to a net loss of $66.4 million in the prior-year period.
• Cash and cash equivalents totaled $2.1 billion as of June 30, 2026.

The Mission Path

Rocket Lab has evolved from a dedicated small-satellite launcher to a broad space infrastructure provider. The company is now scaling its manufacturing and developing larger vehicles to serve global government and commercial constellations.