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Tag: opening

  • Rocket Lab eyes big defense opportunities with new acquisition

    Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company.

    Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts.

    The company’s space systems brought in $97.9 million of the $144.5 million in total revenues for the second quarter. Rocket Labs’ total revenue, its highest quarterly revenue in the company’s history, jumped 36% from a year ago. The company’s net loss widened to $66.4 million.

    Rocket Lab founder and CEO Peter Beck highlighted the “busy quarter of M&A activity” as the company gets close to closing its deal to buy Geost, a company that builds optical payloads. Through that acquisition, which will close at $275 million in cash and equity, Rocket Lab is opening a new business unit called Optical Systems to scale electro-optical and infrared sensor manufacturing.

    Those sensors are used in missile warning, tracking, and space domain awareness. The acquisition is also one part of a larger play from Rocket Lab — spelled out quite explicitly in the company’s earnings presentation — to bid for multibillion-dollar DOD initiatives like Golden Dome.

    Rocket Lab has already won some major defense contracts, including a $515 million, 18-satellite build contract to support the Space Development Agency’s constellation of missile-tracking satellites. The company has moved into production on those satellites, following confirmation that they meet the DOD’s mission requirements, Rocket Lab said.

    Down on Earth, Rocket Lab says it’s progressing well toward the first launch of its larger Neutron rocket. The rocket’s launch complex in Virginia is expected to be complete in the third quarter of this year, with hardware en route and the new rocket engine, called Archimedes, undergoing multiple tests per day.

    Techcrunch event

    Tech and VC heavyweights join the Disrupt 2025 agenda

    Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise.

    Tech and VC heavyweights join the Disrupt 2025 agenda

    Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise.

    San Francisco
    |
    October 27-29, 2025

    REGISTER NOW

    The company is staying vague about the exact launch date, saying only in the presentation that it is pushing an “all-out effort to get Neutron to the launch pad before the end of 2025.”

    Rocket Lab ended the quarter with $564 million in cash and cash equivalents and estimates revenues will hit between $145 to $155 million next quarter.

  • Meghan Markle Calls Out Patrick J Adams for His Bare Performance

    Meghan Markle Calls Out Patrick J Adams for His Bare Performance

    Meghan Markle Plays the Joke on New York’s Brightest Actor

    In a quirky twist of fate, Meghan Markle and Patrick J. Adams—once the on‑screen power couple from Suits—ran into each other in the most unexpected setting: a group‑of‑naked‑men Broadway show.

    Back in 2011

    During a Los Angeles run of Bill Cain’s 9 Circles, Patrick performed the dramatized version of a male labor dancer that required him to be 100% shirtless. Meghan, then a busy planner who’d already dipped into the world of legal drama on TV, snuck into the audience for an extra dose of drama‑fuel.

    When asked about the experience at an entertainment interview, Patrick chuckled, “Meghan was there and she couldn’t resist cracking a joke about my bare‑back performance.” He added that she seemed to enjoy a little “nam‑nim‑nim” at the expense of his modesty.

    “She might as well bring a ticket to the next time I’m on stage—she’s got a good laugh in her pocket,” he said.

    Ready for a Second Naked Blast?

    Patrick is slated to hit Broadway again next month in Richard Greenberg’s Take Me Out, a play that involves a stunt where the lead has to go completely nude. The show’s long‑awaited revival has finally topped the gates after a pandemic pause.

    When the question of a “guest pass” for old‑movie stars came up, the Canadian native admitted he’s ready to invite the Duchess of Sussex for the curtain‑rise. “I will definitely push her an invite—she’s a fan of my work, so there’s a good chance she’ll say yes.”

    From TV to Absolutely Legal Reality

    Remember how Rachel Zane (Meghan’s character) and Mike Ross (Patrick’s character) turned a co‑worker dynamic into a heartbreaking love story? Their on‑screen romance sparked city‑wide emoji revolutions and ended with a kiss‑kiss on curtain call. The dynamic duo even built a legal empire in Seattle after Meghan had to exit the show for real‑life reasons.

    Now a decade later, the two are being reunited by chance in a theatre where the only crook is the clatter of the curtain.

    The Bottom Line

    • Meghan once threw a playful jab at Patrick.
    • Patrick’s next Broadway venture will once again strip the stage, literally.
    • Both are open to throwing a “back‑stage invite” to the other for future sits.

    That’s the story: from courtroom drama to a naked ballet recital, and austen, oh, a bashful, amused moment that keeps the Emmy potential alive for: the duo never stops being a force to be seen—on screen and on stage.

    Meghan Markle Made Fun of Costar Patrick J Adams

    Royal Wedding Sidekick: Actor Patrick’s Unexpected Star‑Studded Life

    From Windsor Castle to Santa Barbara – The Unexpected Journey of Patrick & Troian

    Remember that whirlwind 2018 wedding between Meghan, the Duchess of Sussex, and Prince Harry at the opulent Windsor Castle? It wasn’t just the royalty getting married – our friendly neighborhood actor Patrick was there in full glam, hand‑in‑hand with his wife Troian Bellisario. Picture the scene: the couple strolling in heels, English lawns. If you thought it was just a fling, think again.

    Keeping the Connection Alive

    • After the royal duo headed for the sunny beaches of Santa Barbara in October 2020, Patrick says they stayed in touch.
    • “We’ve texted a few times. We both started families at roughly the same time,” he told ET.
    • Troian’s own family is no small potatoes, but Patrick finds joy in having his partner back by the water.

    Playdate Politics – Who’s Got the Kids?

    When asked if he’d organize a fun day for Meghan’s little ones, Patrick left it to the Duchess. “I leave that in Meghan’s court,” he chuckled. “She’s incredibly busy, so hopefully time will allow.” He added, “It’s pretty great.”

    The Family Tree

    • Patrick & Troian: Married in 2016, they’ve welcomed two sweet girls: Aurora (3) and Elliot (just 9 months).
    • Prince Harry & Meghan: Rock the throne, with Archie (2) and Lilibet (8 months) keeping them on their toes.
    Bottom Line

    Between royal wedding selfies and family updates, the world’s rarely the same as it seems. Patrick’s life might just be a litany of “you’re probably not watching this” but the humor, the heartfelt, and the understated charm keep the readers hooked.