Rocket Lab Stock (RKLB) Surges After Record Q1 Revenue, Biggest Launch Deal And U.S. Defense Wins
Rocket Lab shares jumped 28% to $100.78 after reporting record quarterly revenue of $200.3 million and a narrowed net loss of $45 million. The company disclosed a $2.2 billion backlog and signed its largest launch contract to date, including five Neutron and three Electron launches. Rocket Lab also won a $30 million hypersonic test launch deal from Anduril and was selected for a U.S. Space Force missile-defense project.