Rocket Lab had a successful start to 2025 with record revenue, new contracts, and product development.

From Nasdaq: 2025-03-09 08:45:00

Rocket Lab USA (NASDAQ: RKLB) had a busy start to 2025, with impressive Q4 2024 earnings and record-setting revenue of $436.2 million for the year. The company also purchased a drone barge for Neutron rocket landings and developed a new satellite for mass production. Additionally, Rocket Lab secured another multi-mission launch contract with iQPS, a Japanese customer. Neutron’s launch is on track for mid-2025, and Rocket Lab aims to use a new “Flatellite” design for efficient payload packing. The company’s partnership with iQPS is set to generate significant revenue over the next two years, with multiple launches planned.

Overall, Rocket Lab is making strides in the space industry, setting the stage for continued success and growth in the coming years.



Read more at Nasdaq: Everything You Need to Know About Rocket Lab Today