$IRDM / $RKLB: Iridium just reported Q3 revenue of $245.7M, up 8% year over year. Service revenue grew 13%, helped by Aireon, which closed July 2. Billable subscribers rose 6% to 2.696M, and the quarterly dividend goes to $0.16 starting in Q4. The Rocket Lab deal is still expected to close by mid-2027.

Production of the new carbon composite forward dome for Neutron’s Stage 1 propellant tank is underway. Our automated fiber placement (AFP) machine follows a computer-controlled course to lay down thousands of strands of carbon fiber - each thinner than a human hair - at speeds of up to 100 meters per minute to create Stage 1’s structures on custom molds. Once the AFP machine is finished with the new forward dome it will be rolled out, inspected, then prepared for the curing process to harden the carbon composite.

The inside selling is ridiculous, $683m sells / time based vesting, with negative $223m operating income. $RKLB

Production of the new carbon composite forward dome for Neutron’s Stage 1 propellant tank is underway. Our automated fiber placement (AFP) machine follows a computer-controlled course to lay down thousands of strands of carbon fiber - each thinner than a human hair - at speeds of up to 100 meters per minute to create Stage 1’s structures on custom molds. Once the AFP machine is finished with the new forward dome it will be rolled out, inspected, then prepared for the curing process to harden the carbon composite.

Production of the new carbon composite forward dome for Neutron’s Stage 1 propellant tank is underway. Our automated fiber placement (AFP) machine follows a computer-controlled course to lay down thousands of strands of carbon fiber - each thinner than a human hair - at speeds of up to 100 meters per minute to create Stage 1’s structures on custom molds. Once the AFP machine is finished with the new forward dome it will be rolled out, inspected, then prepared for the curing process to harden the carbon composite.

$RKLB today is sitting at a $30B market cap. The last time it was at $30B was in Oct 2025, and in May it peaked at $83B A double from here takes it to a $60B market cap and a $100 stock price. Since Oct 2025, $RKLB has achieved: - $816M SDA contract for 18 missile-warning/tracking satellites - $397M Space Force contract for satellite + Neutron missions - $190M contract for 20 HASTE hypersonic test flights - $160M+ in GEO satellite contracts - 20-launch Electron deal with Synspective - 5 Neutron + 3 Electron launches booked in a single customer deal - 31 new Electron/HASTE contracts in Q1 2026 - 18 Electron launches completed in 2026 by Sept. 25 - 97th Electron launch achieved - Set to launch 100th Electron by Nov 10 - 100% Electron mission success across 2025 - Neutron Launch Complex 3 opened - Hungry Hippo fairing qualification advanced - Archimedes engine and Neutron hardware development progressed - Acquired Geost, Mynaric, Motiv Space Systems, Optical Support & Precision Components - Agreed to acquire Iridium - ESCAPADE twin Mars spacecraft launched - LOXSAT spacecraft production completed - Introduced Gauss electric thruster and advanced solar-array technology - $23.9M CHIPS Act support announced - FY2025 revenue: $602M, up 38% YoY - Q1 2026 revenue: $200.3M, up 63.5% YoY - Q2 2026 revenue: $234M, up 62% YoY - Backlog reached $2.36B by Q2 2026, up 137% YoY - Liquidity exceeded $2B following Q1 financing activity - Selected for major defense programs, including SHIELD and Golden Dome-related work Key setback: Neutron's first launch shifted to 2027. Do you think a 65% drop in market cap is justified when revenue, contracts, electron cadence, and acquisitions are growing at record levels? Does a 6-month delay to make sure Neutron flies flawlessly affect the long-term trajectory of the business?