Rocket Lab Hits Record Revenue in ‘25, But Delays Neutron to Late ‘26 

Rendering of the Neutron rocket deploying a constellation into orbit. Photo: Rocket Lab

Rocket Lab reached a new record for revenue and annual launches in 2025, but its sunny financial progress was clouded by another delay for the first Neutron launch. 

Rocket Lab CEO Peter Beck told investors on Thursday that after a stage 1 tank ruptured during testing in January, Rocket Lab uncovered a manufacturing defect in the tank. The company is making minor design changes to the first stage tank...