Rocket Lab Eye Defense Big Opportunity With A New Acquisition

Rocket lab examined for investors, but again, more than “just” rocket company.

The results of the number of two rockets, who delivered Thursday, the progress show continues to be driven by room systems instead of launch. The result also highlights the company’s acquisition strategy and how to buy a new optical payment company will make competitive to the profitable government contract.

Company space systems carry $ 97.9 million from $ 144.5 million in total profits for double quarters. Rockets Labs’ Revenue total, the highest quarter income in the history of the company, jump 36% since a year ago. Net loss of the company for $ 66.4 million.

The Lab Rocket and CEO Peter Beck highlighted M & A “as a company to close the optical purchase. The Lab rockets open the new business unit called optical system and electro-sensor sensor.

The sensor is used in a missile warning, search, and awareness domains. Acquisition is also one part of a larger player of a rocket lab – clearly assigned in the company’s income presentation – to offer to open a number of dollars Dod’s initiative is like gold dogs.

Rocket Lab has won some major defensive contract, including a $ 515 million contracts, 18-satellites to support the space development of satellite satellite satellite. The company has moved to the production on the satellite, following the confirmation that he encountered the dod mission requirement, she said rocket.

Down on earth, Rocket Lab said straight forward to the larger neutrons rockery. Rocket launch complex in Virginia expected to be completed in the third quarter of this year, with Hardware and route And a new rollini machine, which is called archimedes, undergoes a number of tests per day.

The company is not expected about the date of the proper launch, say that in the presentation of the presentation “efforts all to get Neutrons to the Open Pad before the end of 2025.”

Rocket lab stop quarttal with cash $ 564 million and equations of money and estimates will grow between $ 145 to $ 155 million.