Rocket Lab (RKLB) reported $122.6 million in revenue for Q1 2025, a 32% increase from the previous year, reflecting strong execution across its launch and space systems divisions. The company launched five successful Electron missions in the quarter and was selected for a series of U.S. and UK government defense programs, including the Space Force's $5.6 billion NSSL Phase 3 program.
The company posted a gross profit of $35.2 million and an adjusted EBITDA loss of $30 million, continuing its investment in R&D to advance new technologies like its medium-lift Neutron rocket.
Notably, Rocket Lab signed a launch contract with the U.S. Air Force for a Rocket Cargo mission using Neutron, which will demonstrate point-to-point re-entry capabilities no earlier than 2026. Neutron is designed to carry up to 13,000 kg to low Earth orbit and represents a major step toward reusable, rapid deployment systems for national security.
Rocket Lab also announced its intent to acquire Mynaric, a German-based optical communications firm, and expanded its space systems product line with new radios, solar arrays, and software to support satellite constellation management.
The company expects Q2 revenue between $130M and $140M and is restructuring into a holding company by June 2025 to better align with its national defense strategy and operational scale.
The post Rocket Lab Posts $123M Q1 Revenue, Wins New USAF Launch Contract for Neutron appeared first on PRISM MarketView.
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