Rocket Lab 'A'

Rocket Lab has founded Rocket Lab Germany GmbH, acquired Mynaric, and plans to build production and its full portfolio in Germany. COO Frank Klein sees Germany/Europe as a growth market and intends to close the gap with the USA and China through additional launches, including the soon-expected 100th Electron launch and the first Neutron launch. The company wants to support European infrastructure but rules out a rocket launch site in Germany due to geographical constraints. » Mere på faz.net

Rocket Lab reports that eight of 17 satellite platforms for MDA Space and Globalstar have been successfully commissioned. Regulatory hurdles for the planned takeover of Iridium have been cleared, and an equity program is intended to secure financing. In the second quarter, revenue rose 62% to $234 million, and the order backlog stands at $2.36 billion. » Mere på finanzen.net

Rocket Lab increased revenue by 62% to $234 million but posted a loss of $0.08 per share, missing expectations. The company received a large order for the medium‑range Neutron rocket, introduced the flexible, location‑independent GHOST launch system and founded Rocket Lab Germany. Backlog rose to $2.36 billion; revenue for Q3 is expected to be $250–265 million. » Mere på finanzen.net