Rocket Lab’s Q2 results show revenue driven by space systems, not launch, with total revenue at a record $144.5 million, up 36% from last year. Acquisition of Geost for $275 million will boost competitiveness for lucrative government contracts, including missile tracking satellites. Neutron rocket launch expected before end of 2025.

Rocket Lab is making strides in the space industry, with major defense contracts and a focus on expanding its business through acquisitions like Geost. The company’s Q2 results highlight strong revenue growth, with plans for the Neutron rocket launch and a push for more government contracts.

Read more at Yahoo Finance: Rocket Lab eyes big defense opportunities with new acquisition