The space infrastructure companyreported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.Streaming 24/7: Watch NBC 5 local news and weather for free wherever you are
The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago. Its net loss also increased year-over-year, to $51.9 million from $40.6 million. Rocket Lab forecast fourth-quarter revenue between $125 million and $135 million, which at the midpoint would see the company bring in about $430 million this year.A"confidential commercial satellite constellation operator" signed for two missions in mid-2026, which Rocket Lab says were at a price"consistent with our target" for the vehicle.
Shares of Rocket Lab jumped as much as 25% in after-hours trading, up from its close at $14.66 a share.A new Blue Origin: CEO Dave Limp is bringing urgency and 'decisiveness' to Jeff Bezos' space companyCrime and Courts