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Rocket Lab USA, Inc. (RKLB) Reports Q4 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-02-27 23:36
Rocket Lab USA, Inc. (RKLB) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.08, delivering a surprise of 11.11%.Over the last four quarters, the company has su ...
Rocket Lab says contract backlog tops $1 billion, outlines Neutron progress toward first launch
CNBC· 2024-02-27 22:47
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023.Rocket Lab is making steady progress on the development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion.The space company reported a net loss of $50.5 million, or 10 cents per share, for the quarter. Year over year, Rocket Lab's fourth-quarter net loss widened by about 36% as the company continues to spend heavily to create its Neutron rocket. It ...
Rocket Lab Unveils Spacecraft Bus Lineup
Businesswire· 2024-02-27 21:07
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today introduced its family of spacecraft buses, consolidating the custom designs Rocket Lab has developed for multiple customers and missions. The family of spacecraft is the result of more than four years of development into Rocket Lab’s space systems capabilities. “We’ve had the privilege of developing, launching, and operating spacecraft for a broad rang ...
Rocket Lab USA(RKLB) - 2023 Q4 - Annual Report
2024-02-27 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39560 ROCKET LAB USA, INC. (Exact name of Registrant as specified in its Charter) Delaware 98-1550340 (State or oth ...
SpaceX's Not-So-Secret Plan to Strangle Its Small Rocket Rivals
The Motley Fool· 2024-02-25 12:07
Satellites come in all shapes and sizes, from the 6.2-ton James Webb Space Telescope with its 21-foot-diameter mirror and sunshade the size of a tennis court (fully extended), all the way down to tiny cube-sats that measure just a few inches on a side. So too, the rockets that launch them.Some are big, such as SpaceX's Falcon Heavy. And others are quite small, such as Rocket Lab's (RKLB -1.35%) Electron -- which makes perfect sense. You don't need a giant megarocket to launch some of the smaller satellites ...
Rocket Lab Successfully Returns Spacecraft Capsule to Earth, Brings Back Pharmaceuticals Made in Space
Businesswire· 2024-02-21 22:53
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced its custom spacecraft for Varda Space Industries (“Varda”), a leading in-space manufacturing and hypersonic reentry logistics company, successfully returned to Earth the world’s first space manufacturing mission conducted outside of the International Space Station. Rocket Lab conducted in-space operations, deorbit, and reentry positioning maneu ...
Rocket Lab to Launch NRO Mission from Wallops, Virginia
Businesswire· 2024-02-21 12:10
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it will launch a dedicated mission for the National Reconnaissance Office (NRO) from Launch Complex 2 in Wallops, Virginia, during a launch window that opens March 20th, 2024. The NROL-123 mission, called ‘Live and Let Fly’, will be Rocket Lab’s first launch for the NRO from the United States after previously launching four NRO missi ...
Rocket Lab Schedules Launch Date for 45th Electron Mission to Deploy Earth-Imaging Satellite for Synspective
Businesswire· 2024-02-20 21:15
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the launch window for its 45th Electron launch, a dedicated mission for Synspective, a Japanese Earth-imaging satellite constellation operator. The “Owl Night Long” mission is scheduled to launch during a 14-day window that opens on March 10th NZDT (March 9th UTC). The mission will lift off from Rocket Lab Launch Complex 1 in New Zea ...
Rocket Lab Successfully Launches Mission Designed to Investigate Removing Space Junk from Orbit
Businesswire· 2024-02-18 17:24
MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today launched its 44th Electron rocket, successfully deploying an orbital debris inspection satellite for Astroscale Japan Inc. The mission, named “On Closer Inspection”, launched from Pad B at Rocket Lab’s Launch Complex 1 in New Zealand at 03:52 NZDT February 19th, 2024 (14:52 UTC, February 18th). Electron deployed the Active Debris Removal by ...
This Space Stock Has 35% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-02-17 15:07
While the S&P 500 has risen more than 5% since the start of 2024, shares of Rocket Lab (RKLB) have headed in the opposite direction, plunging about 10%. After the company reported preliminary fourth quarter 2023 financial results, Main Street turned its back on the launch specialist's stock.But one analyst thinks the sell-off is overdone. In fact, Rocket Lab has room to fly considerably higher from where it sits now in his estimation. Citigroup group reinstated coverage on Rocket Lab stock this week, and th ...