Urgent.News

600+ sources. One page. See who else covered it.

Editions

More in Science

Rocket Lab reports record quarter amid Iridium takeover bid

Sir Peter Beck's Rocket Lab posted record revenue and order backlog, but remained loss-making in the second quarter.

  • Rocket Lab reported US$234 million in revenue, a 62% increase from last year's Q2.
  • The company incurred a net loss of US$49 million, down from US$66 million in the previous year.
  • Rocket Lab aims to acquire Iridium for diversification into communication services.

More from Monday 10 August →