Rocket Lab Eyes great defense opportunities with the new acquisition

Rocket Lab notes, to investors, again, that it is more than just a “missile company”.

Results in the second quarter of Rocket Lab, which was published on Thursday, the revenue of the show is still driven by space systems instead of launch. The results also highlighted the company’s purchase strategy and how it will make its purchase of the new optical load company more competitive for the profitable government contracts.

The company’s space systems brought $ 97.9 million out of its total revenue 144.5 million dollars for the second quarter. The total revenue of the Rocket Labs, its highest quarterly revenues in the company’s history, reached 36 % from last year. The net net loss of the company expanded to $ 66.4 million.

The founder of Rocket LAB and CEO of Rocket Lab Peter Beck highlighted the “crowded quarter of the activity of integration and purchases” as the company is close to closing its deal to buy Geost, a company that builds visual loads. Through this acquisition, which will be closed at $ 275 million in cash and shares, Rocket LAB opens a new business unit called visual systems to expand the scope of manufacturing electrical and infrared electrical sensors.

These sensors are used to warn of missiles, tracking, and awareness of space. The acquisition is also part of a larger play than Rockket Lab- explicitly clarified in the company’s profits-to extend bids for billions of dollars DOD initiatives such as Golden Dome.

Rocket LAB has already won some major defensive contracts, including a $ 515 million construction contract, and 18 surveyors to support the constellation of the satellite development agency of satellite tracking missiles. Rockette Lab said that the company moved to these satellites, after confirming that it meets the requirements of the Ministry of Defense’s mission.

At the bottom on the floor, Rocket Lab says well the first launch of the larger neutron missile. The missile launch complex in Virginia is expected to be completed in the third quarter of this year, with HARDWARE on the road The new missile engine, called Archimedes, is subject to multiple tests daily.

The company remains mysterious on the exact date of launch, saying only in the presentation that it pays “a comprehensive effort to make the neutron to the launch platform before the end of 2025”.

Rocket LAB has finished a quarter with $ 564 million cash and cash rewards, and estimates will be between 145 to 155 million dollars in the next quarter.