Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, respectively.
The space systems business — whose products include star trackers, reaction wheels, solar power systems, separation systems and more — also saw a massive growth in revenue, increasing by 239% year-over-year. To meet this growing demand, the company further announced last year that it was building out new manufacturin …
