The positive news flow continues for aerospace and defense company Rocket Lab USA NASDAQ: RKLB. Previously, it was a significant analyst boost when Cantor Fitzgerald increased its price target for the space company.
RKLB accelerates its Electron launch for HawkEye 360, underscoring its agility in a fast-growing satellite market.
Rocket Lab USA (NASDAQ:RKLB) has experienced a remarkable surge in its stock price, climbing approximately 600% over the past twelve months. This impressive growth is largely due to the success of its recent rocket launches and the securing of new contracts, including those for its new Neutron rocket.
RKLB gains momentum with its HASTE system, landing key defense contracts as hypersonic demand surges globally.
RKLB launches its 66th Electron rocket, advancing a major iQPS deal and bolstering its role in satellite deployment.
RKLB rallies 66% in three months on back-to-back satellite launches, but valuation and debt raise caution for new buyers.
The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is creating tailwinds for earth exploration (EO) competitors AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB).
RKLB secures major launch deals and ramps up missions as soaring demand cements its role in commercial space services.
Rocket Lab USA, Inc. NASDAQ: RKLB has taken another significant step in its evolution from a launch provider to a vertically integrated space and defense company. The company recently announced a definitive agreement to acquire Geost, a developer of electro-optical and infrared (EO/IR) payloads for national security satellites.
Rocket Lab Corporation's acquisition of Geost strengthens its position as a vertically integrated, end-to-end space and defense contractor. The Geost deal expands Rocket Lab's capabilities in electro-optical and infrared payloads, enhancing its role in national security and space-based sensing. Recent acquisitions, including Mynaric and Geost, strategically position Rocket Lab for rapid growth in the defense market and cost efficiencies.
Rocket Lab reported $122.6 million in Q1 2025 revenue, up 32% year-over-year, with a $1.07 billion total backlog. Space Systems contributed $87 million or 71% of Q1 revenue, driven by component sales and full-stack Flatellite manufacturing. Neutron's on-ramp to the $5.6 billion NSSL Phase 3 enables access to $55 million+ ASP government contracts with reuse leverage.
Investors interested in RKLB stock should wait for a better entry point, considering its premium valuation.