from24/7 Wall St.
16 hours agoOne Space Stock Delivers Revenue Growth Despite Delays While Its Rival Disappoints Investors Entirely
Rocket Lab's operational track record remains flawless. The company launched its 80th and 81st Electron missions in January, demonstrating reliability that wins contracts. That momentum translated into an $816 million contract from the U.S. Space Development Agency for 18 satellites, expected to add $200 million in annual revenue over four years. The company's $1 billion backlog grew 56% year over year in launch services alone.
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