Record Quarterly Revenue
Rocket Lab posted a near-record quarterly revenue of $122.6 million, which is 32% up compared to last year and at the high end of their prior guidance.
Strong Launch Demand
Rocket Lab booked eight new Electron and HASTE missions for Q1 and successfully launched five missions with 100% mission success. Demand from customers exceeds 20 launches for the year.
Selection to DOD's High Value Launch Program
Rocket Lab was selected for the DOD's High Value Launch contract NSSL program, a competitive launch program for the Pentagon's highest priority missions.
Acquisition of Mynaric
Rocket Lab announced its intent to acquire Mynaric, a German company specializing in laser-based satellite communications, to strengthen their position in commercial, national security, and defense contracts.
New Space Systems Products
Rocket Lab introduced new products like STARRAY, modular solar arrays for satellites, and expanded their suite of Frontier Satellite Radios, showcasing their continuous innovation in space systems.
Positive Financial Guidance
For Q2 2025, Rocket Lab expects revenue between $130 million and $140 million, representing greater than 10% quarter-over-quarter growth.