Latest news with #launchservices
Yahoo
2 days ago
- Business
- Yahoo
Rocket Lab Announces Date of Second Quarter 2025 Financial Results
LONG BEACH, Calif., July 14, 2025--(BUSINESS WIRE)--Rocket Lab Corporation (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the second quarter 2025 following the close of the U.S. markets on Thursday August 7, 2025. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 200+ satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's family of spacecraft have been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "strategy," "future," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC's website at and the Investor Relations section of our website at which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View source version on Contacts Rocket Lab Investor Relations Contact Patrick Vorenkampinvestors@ Rocket Lab Media Contact Murielle Bakermedia@
Zawya
07-07-2025
- Business
- Zawya
PLD Space preselected by ESA for the European Launcher Challenge
Funded with €169 million, the ELC is one of the largest space contracts ever involving Spain and will be awarded following ESA's Ministerial Conference in November PLD Space's proposal, fully aligned with its technological roadmap presented in October 2024, includes the MIURA 5 and its future large reusable launcher, MIURA Next Elche (Spain). PLD Space, an international space services company with vertical integrated engineering and manufacturing, has been preselected by the European Space Agency (ESA) to participate in the European Launcher Challenge (ELC), the largest European program aimed at fostering new sovereign launch capabilities on the continent. ESA officially launched the ELC this year as a strategic initiative that will award up to €169 million per company in its final phase. The program is structured in two components: contracts for launch services of ESA institutional missions between 2026 and 2030, and a development track requiring a demonstration of enhanced launch capacity by 2028. The final selection of companies will be announced at ESA's Ministerial Conference to be held in Bremen this November. A proposal fully aligned with PLD Space's technological roadmap PLD Space formally submitted its proposal to the European Launcher Challenge with a plan that perfectly aligns with its technological roadmap through 2030, which the company publicly presented on October 7, 2024 during its Beyond event—prior to ESA's announcement of the challenge. In this context, PLD Space has positioned the MIURA 5 as the first operational element of the program, and its future large reusable launcher, MIURA Next, as the second pillar to address Europe's institutional needs and ensure competitive, sustainable access to space. An industrial driving force for Europe and for Spain The MIURA program is a clear industrial driving force. Through ESA's preselection for the ELC, PLD Space represents a unique opportunity for Spain to have a national prime leading the launcher industry, with a value chain made up of 397 partners, largely anchored in Spain and across Europe. Moreover, the ELC exemplifies a new model of public-private collaboration in Europe, similar to what is already underway in Spain with the Aerospace PERTE program, under which the government—through CDTI—has awarded PLD Space €42 million to develop the country's first national launcher. ' The European Launcher Challenge marks a milestone for Europe's space industry, but it is also a unique national opportunity to have a Spanish prime leading launcher development. Our project directly impacts the entire value chain, mobilizes cutting-edge technology, and places Spain at the center of Europe's future access to space,' said Ezequiel Sánchez, Executive President of PLD Space. About PLD Space PLD Space is an international space services company with its own engineering and manufacturing. It is dedicated to transporting satellites and people to space, vertically integrating the engineering, testing, manufacturing, and operations of its reusable and sustainable rockets. Headquartered in Elche (Spain) and founded in 2011 by Raúl Torres and Raúl Verdú, PLD Space has established itself as a benchmark in the space launcher sector globally. Its MIURA family of launchers and its LINCE manned capsule position the company as a leader in European technological sovereignty in space transport, covering the entire range of space missions. With a team of more than 300 employees and more than 12,500 m² dedicated to advanced manufacturing, PLD Space manages facilities in Teruel, Kourou (French Guiana) and Duqm (Oman), allowing it to offer complete satellite launch services and other payloads to space. For more information: Maria Climent, Head of Communication at PLD Space Burson
Associated Press
28-06-2025
- Business
- Associated Press
Rocket Lab Completes Record Launch Turnaround From Launch Complex 1, Successfully Deploys 68th Electron Mission
MAHIA, New Zealand--(BUSINESS WIRE)--Jun 28, 2025-- Rocket Lab Corporation (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today successfully launched its 68th Electron rocket to deploy a single satellite to space for a confidential commercial customer. The mission was the second of two launches from the same launch site in less than 48 hours, a new launch record for the Company as it continues to deliver dedicated, repeatable and reliable access to space for satellite operators. The 'Symphony In The Stars' mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand on June 28 th (7:08 p.m./07:08 UTC) to deploy a single spacecraft to a 650km circular Earth orbit. The mission was the first of two dedicated launches for the new customer on Electron booked less than four months ago, with a second mission scheduled before the end of 2025. Rocket Lab has now completed four launches in June for commercial satellite constellation operators, underscoring Electron's consistent performance and rapid deployment capabilities as the world's leading small launcher: the 'Full Stream Ahead' mission on June 3 rd; 'The Mountain God Guards' mission on June 11 th; 'Get The Hawk Outta Here' launched on June 26 th UTC, and today's 'Symphony In The Stars' mission. Rocket Lab Founder and CEO, Sir Peter Beck, says: 'Electron has demonstrated once again that it is the gold standard for responsive and reliable space access for small satellites. The future of space is built on proven performance, and Electron continues to deliver against a stacked launch manifest this year. Congratulations to the team on achieving its fastest launch turnaround yet between two missions from Launch Complex 1. This launch was also a quick-turn mission to meet our customer's mission requirements, and we're looking forward to doing it again later this year.' 'Symphony In The Stars' was Rocket Lab's tenth Electron mission of 2025 and its 68th launch overall. With 100% mission success so far this year, Electron continues to deliver reliable deployment amid an increasing launch cadence and rapid contract-to-launch timelines. Launch images: Launch webcast: View source version on CONTACT: Rocket Lab Media Contact Murielle Baker [email protected] KEYWORD: AUSTRALIA/OCEANIA NEW ZEALAND INDUSTRY KEYWORD: TECHNOLOGY AEROSPACE MANUFACTURING SATELLITE SOURCE: Rocket Lab Corporation Copyright Business Wire 2025. PUB: 06/28/2025 04:45 AM/DISC: 06/28/2025 04:45 AM
Associated Press
17-05-2025
- Business
- Associated Press
Rocket Lab Successfully Launches Third Mission for iQPS in Multi-Launch Contract, Sets Schedule For the Next iQPS Mission
MAHIA, New Zealand--(BUSINESS WIRE)--May 17, 2025-- Rocket Lab USA, Inc. (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today successfully launched its third mission for Japanese customer, Institute for Q-shu Pioneers of Space, Inc. (iQPS). 'The Sea God Sees' mission successfully launched on Electron from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 8:17 p.m. NZT on May 17th, 2025. The mission carried iQPS' QPS-SAR-10, a synthetic aperture radar (SAR) Earth-imaging satellite, to a 575km low Earth orbit, where it was deployed as part of iQPS' growing constellation. The mission was launched just weeks' after Rocket Lab's previous launch for iQPS was deployed on March 15, 2025 – demonstrating frequent, reliable, and dedicated small orbital launch for satellite operators with 100% mission success in 2025. Today's mission was the third overall launch for iQPS and the second in a multi-launch contract to launch eight missions for the company in 2025 and 2026. Four more launches are scheduled for launch this year, with the remaining two scheduled for 2026. Rocket Lab's next mission for iQPS is scheduled to launch in less than a month's time, from no earlier than June 2025. Rocket Lab founder and CEO, Sir Peter Beck, says: 'Another fantastic launch by the Electron team to flawlessly deliver another iQPS mission to orbit. Constellation deployment requires a reliable rocket with pinpoint orbital deployment accuracy that allows for the seamless integration of the latest spacecraft to the constellation – and that's exactly the service Electron continues to provide as the global leading launcher for small satellite missions. With another mission lined up with iQPS in just a few short weeks, we're looking forward to supporting their constellation with multiple missions this year and next.' iQPS CEO, Dr. Shunsuke Onishi, says: 'We are truly delighted to have successfully launched our 10th satellite, 'WADATSUMI-I,' into orbit just two months after the launch of our QPS-SAR-9 'SUSANOO-I.' This achievement is a remarkable milestone to the outstanding technical capabilities of our development team, and we are deeply grateful to Rocket Lab team for enabling such a precise and agile launch. With more Electron launches ahead, we're more committed than ever to accelerating the buildout of our satellite constellation, and we look forward to continuing this powerful partnership.' Launch images: Launch webcast: About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight-proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered more than 200 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. To learn more, visit Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the 'Securities Act') and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'strategy,' 'future,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the 'SEC'), accessible on the SEC's website at and the Investor Relations section of our website at which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View source version on CONTACT: Rocket Lab Media Contact Murielle Baker [email protected] KEYWORD: AUSTRALIA/OCEANIA UNITED STATES JAPAN NEW ZEALAND NORTH AMERICA ASIA PACIFIC CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY AEROSPACE MANUFACTURING SATELLITE SOURCE: Rocket Lab USA, Inc. Copyright Business Wire 2025. PUB: 05/17/2025 05:43 AM/DISC: 05/17/2025 05:42 AM
Yahoo
09-05-2025
- Business
- Yahoo
Rocket Lab Shares Fall as Q1 EPS Miss Overshadows 32% Revenue Jump
On Thursday after closing bell, Rocket Lab USA (NASDAQ:RKLB) reported its first?quarter numbers, and there's plenty to unpack. A solid $122.6 million in revenue, grew about 32.1% year?over?year and nudging past the $121.5 million analysts expected. Those gains were powered by $35.6 million from Launch Services and $87 million from Space Systems. Warning! GuruFocus has detected 2 Warning Sign with RKLB. But the bottom line didn't shine as brightly. The company lost $0.12 per share, missing the forecasted $0.10 loss. That shortfall helped RKLB stock slip roughly 2.8% in after?hours trading. On the plus side, adjusted EBITDA loss improved to $30 million, slightly better than guidance, and Rocket Lab still has $517 million in cash. Its backlog of $1.067 billion shows customers are lining up for more launches. Looking ahead, Rocket Lab expects Q2 revenue between $130 million and $140 million and plans to ramp up to six launches per quarter, aiming to lift its 26.6% gross margin. Based on the one year price targets offered by 13 analysts, the average target price for Rocket Lab USA Inc is $24.60 with a high estimate of $33.00 and a low estimate of $14.35. The average target implies a upside of +6.51% from the current price of $23.10. Based on GuruFocus estimates, the estimated GF Value for Rocket Lab USA Inc in one year is $16.08, suggesting a downside of -30.39% from the current price of $23.10. This article first appeared on GuruFocus.
