Rocket Lab’s shares rose sharply, by more than 9%, after unveiling a $23.9 million Department of Commerce grant to expand U.S.-based semiconductor and solar cell manufacturing, along with acquiring electro-optical payload specialist Geost. Combine...

Rocket Lab reported Q2 revenue of $144.5 million, up 36% year over year, and guided Q3 to $140–150 million while keeping backlog near $1 billion. The operating loss narrowed versus expectations, and investors focused on steady Electron cadence plu...