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Rocket Lab Narrows Loss As Revenue Climbs
The Wall Street Journal2d agobullish
Rocket Lab Narrows Loss As Revenue Climbs

The launch and space systems company narrowed its loss and reported rising revenue as it ended its second quarter with a backlog of $2.36 billion, up 137% year-over-year.

Rocket Lab and York Space Systems: Analysts Say Buy These 2 Space Stocks Following Recent Acquisitions
TipRanks28d agobullish
Rocket Lab and York Space Systems: Analysts Say Buy These 2 Space Stocks Following Recent Acquisitions

The space industry is taking off, propelled by a number of factors, including the rapid expansion of communication satellite constellations; the increasing use of space-based services across a wide range of industries; a surge of private investment in space-related technologies; and, most importantly, rising government and defense spending.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now tra

Reuters44d agobullish
Rocket Lab to buy satellite communications firm Iridium in $8 billion deal

Rocket Lab said on Monday ‌it would acquire ‌satellite communications provider Iridium Communications ​in a cash-and-stock deal valued at about $8 billion, marking one of the ‌biggest ⁠consolidation moves in the commercial space industry. Iridium ⁠shareholders will receive $27 in cash and Rocket ​Lab shares, ​with ​a combined ‌value of $54 per Iridium share. The deal is expected to close in mid-2027.

Investing.com58d agobullish
These 2 space stocks were upgraded at KeyBanc today

Investing.com -- KeyBanc Capital Markets upgraded two space stocks to Overweight from Sector Weight in a note on Monday, arguing that recent sector-wide volatility tied to SpaceX's record-setting IPO has created compelling entry points across commercial space names.