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The Ride — Orbital Launch Vehicles · The Orbital Stack — Space

RKLB

Rocket Lab Corporation
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Only public Western company that builds AND operates its own orbital rocket and its own satellites

What they do

Operates Electron (21 launches in 2025 at 100% success) and is in final integration of Neutron , an 8-ton-to-LEO medium-lift rocket targeting first flight Q4 2026. Q1 2026 revenue $200.3M (+63.5% YoY); backlog $2.2B; GAAP gross margin 38.2%. Signed largest-ever launch contract during Q1 (five Neutron flights for a confidential customer through 2029). Selected alongside Raytheon for Golden Dome's Space-Based Interceptor program; won a $190M MACH-TB 2.0 hypersonic block buy. Closed the Mynaric acquisition (laser inter-satellite links) Q1; signed definitive agreement for Motiv Space Systems (Mars-proven robotics). Liquidity exceeds $2B.