As Market Fixates On SpaceX, Rocket Lab Quietly Moves Further Into GEO
Rocket Lab Corporation is transitioning into a vertically integrated space and defense platform, validated by recent high-margin contracts and expanding tech capabilities. RKLB's $90M U.S. Space Force GEO satellite contract marks a significant move up the value chain, positioning it as a prime contractor with end-to-end mission responsibility. Valuation remains extremely elevated—trading at ~100x trailing sales—reflecting aggressive market expectations for sustained high growth and margin expansion.
GEO - The GEO Group, Inc.