Rocket Lab still burning cash to reach new heights

Rocket Lab still burning cash to reach new heights
Rocket Lab launched two rockets for NASA's TROPICS mission, putting hurricane monitoring satellites into space. (Image: Rocket Lab)
Ben Moore
Rocket Lab continued to spend money to make money, increasing revenue and margin, as well as operating expenses and its net loss for the half year to June 30.The company’s latest US Securities and Exchange Commission (SEC) filings showed a year-on-year revenue increase of 21.6% to US$116.9 million (NZ$193m).The rocket launch and space services company also noted an increase in net loss of 42.7% from US$64.1m to US$91.5m. The company listed a series of successes that it saw in the last quarter at its investor presentation on Wedn...

More Markets

NZ sharemarket starts week up 0.6%
Markets Market Close

NZ sharemarket starts week up 0.6%

The S&P/NZX 50 Index closed at 13,449.85, up 80.45 points or 0.6%.

Graham Skellern 24 Nov 2025
Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Andy Macdonald 24 Nov 2025
Gentrack in the hunt for 10 new customers
Markets

Gentrack in the hunt for 10 new customers

Shares climb more than 14% on hopes of at least three or four new customers.  

Another solar farm gets the nod from Genesis
Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 24 Nov 2025