#commercial satellites

Rocket Lab’s revenue grew 64 per cent, its backlog hit 2.2 billion dollars, and its stock hit a record. Neutron still has not flown.

Rocket Lab reported a 64% revenue surge in Q1 2026, with its backlog reaching $2.2 billion and stock hitting a record high. The company's Electron rocket continues to drive launches, while its more powerful Neutron rocket remains unflown.