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    Thematic Study: Rocket Lab (RKLB) – Small Launch Vehicles and Space Economy Growth

    Executive summary Summary fundamentals Detailed fundamental analysis Revenue trends Rocket Lab posted record quarterly revenue of $144.5M in Q2 2025, up 36% YoY, with product and service mixes shifting as Electron launch services and space systems bookings expanded. Service revenue growth reflects higher mission cadence and increased mission management/space-systems work. The company reported FY-to-date revenue…

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    Thematic Study: RKLB vs AST SpaceMobile vs Astra – Space SPACs in 2025

    Executive summary Space-related SPAC-era equities remain a high-variance, catalyst-driven cohort. Rocket Lab (RKLB) delivered a record Q2-2025 quarter – revenue $144.5M, 36% y/y growth – and a ~$1.0B backlog while pushing toward Neutron and expanded space-systems revenue. (Business Wire) AST SpaceMobile (ASTS) is aggressively capitalizing its direct-to-cell constellation: Q2-2025 revenue remained trivial (~$1.1–$1.2M) while capex…

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