It was a busy first half of the year for U.S.-New Zealand company Rocket Lab, which posted earnings for the first six months of 2021 on Wednesday – the first such reporting since the company went public last month.
Rocket Lab reported revenues for the six-month period of $29.5 million. Its order backlog also grew to $141.4 million as of June 30, up 136% from $59.9 million compared to the same period last year.
While the general trend seems to be positive, executives emphasized the continued impact of COVID-19 restrictions in New Zealand, the site of one of the company’s key launch facilities. CFO Adam Spice said the third