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All articles tagged with #rocketlab

space1 year ago

Space Launch Updates: Falcon 9, Rocket Lab, and Russia's ISS Mission

This week sees a flurry of global space launch activities. SpaceX plans three Starlink missions with Falcon 9 rockets, aiming to maintain a high launch cadence. Rocket Lab will conduct two Electron launches, one for a hypersonic test and another for nanosatellites. Roscosmos is set to launch a cargo mission to the ISS, while Blue Origin will conduct a suborbital New Shepard flight. China is also expected to launch a mission with a Chang Zheng 2C rocket.

via NASASpaceflight.com|
#blueorigin#launches#rocketlab
business1 year ago

Rocket Lab's Peter Beck Joins Space Billionaire Ranks

Rocket Lab's founder Peter Beck has become a billionaire as the company's stock surged over 300% in the past year, driven by strong revenue forecasts and strategic partnerships. Rocket Lab, a competitor to SpaceX, is gaining traction with its Neutron launch vehicle and a NASA collaboration. Beck, who owns a 10% stake, has seen his fortune rise to an estimated $1 billion, marking a significant milestone for the New Zealand-born entrepreneur and his company.

via Forbes|
#business#peterbeck#rocketlab
business1 year ago

AST SpaceMobile Partners with Blue Origin for Satellite Launches Amid Earnings Miss

AST SpaceMobile reported a significant earnings miss with a loss of $1.10 per share, against expectations of a 20-cent loss, and revenue of $1.1 million. Despite this, the company secured a key contract to expand its space-based telecommunications network, aiming to provide global 4G/5G connectivity. AST plans to launch 60 satellites by 2026, using Blue Origin's New Glenn rocket among others. The stock fell over 14% in after-hours trading, despite a 343% rise this year. Meanwhile, Rocket Lab's stock surged after a strong Q3 performance.

via Investor's Business Daily|
#astspacemobile#business#earnings
business1 year ago

Rocket Lab Stock Skyrockets on Strong Earnings and New Contracts

Veteran trader Stephen Guilfoyle has raised his price target for Rocket Lab USA after the aerospace company reported better-than-expected third-quarter earnings, with revenue up 55% year-over-year. Rocket Lab's stock surged 28% following the earnings report, reaching a 52-week high. The company is advancing its space projects, including a Mars Sample Return Program study for NASA and a new contract with the U.S. Air Force. Several investment firms have also increased their price targets for Rocket Lab, citing strong revenue guidance and new launch contracts.

via TheStreet|
#business#earnings#investments
business1 year ago

Rocket Lab Stock Surges on 55% Revenue Growth and New Launch Deals

Rocket Lab, a competitor to SpaceX, reported a Q3 revenue increase of 55% to $105 million, surpassing expectations, despite a widened loss of 10 cents per share. The company's stock surged 22% after hours, contributing to a 165% rise this year. Rocket Lab's backlog reached $1.05 billion, and it announced a new launch service agreement for its Neutron rocket, aiming for a debut in 2025. The company anticipates a growing satellite launch market, projecting a $10 billion value by 2030.

via Investor's Business Daily|
#business#earnings#rocketlab
business1 year ago

Rocket Lab Stock Surges on Record Revenue and New Contracts

Rocket Lab's stock surged 25% in after-hours trading following the announcement of a 55% increase in third-quarter revenue to $104.8 million and the signing of its first customer for the upcoming Neutron rocket. Despite a rise in net loss to $51.9 million, the company forecasts strong fourth-quarter revenue and secured a launch deal with a confidential satellite operator for 2026. The Neutron launch is priced around $50 million, aligning with Rocket Lab's targets.

via CNBC|
#business#neutronrocket#revenuegrowth
space1 year ago

SpaceX and NASA Successfully Launch Cargo Resupply to ISS

This week, SpaceX launched a cargo resupply mission to the ISS and its 200th Starlink mission, while Roscosmos launched ionospheric research satellites. Rocket Lab is set to launch its Electron rocket on a quick turnaround mission. SpaceX aims for 135 launches in 2024 despite setbacks, and continues to push aerospace limits with rapid Falcon 9 launches. The U.S. and China dominate global launches, with significant contributions from other agencies. Upcoming missions include more Starlink launches and Rocket Lab's confidential payload mission.

via NASASpaceflight.com|
#iss#rocketlab#roscosmos