What Happened
Launch Deal Boosts Revenues For Growing Space Company
Rocket Lab has announced a significant contract with the US Space Force, valued at $266 million, covering 12 suborbital missions with options for additional launches. This deal marks a major milestone for the company, which has seen its revenue climb to $602 million in 2025 and boasts a backlog of over $2 billion as of the first quarter of 2026. With the upcoming launch of its reusable medium-lift rocket, Neutron, Rocket Lab is poised to become a major player in the space industry. The contract was reported by The Motley Fool.