Slide 1: Q2 2026 Investor Update
Q2 2026 INVESTOR UPDATE @ SIR PETER BECK Chief Executive Office & ADAM SPICE Chief Financial Officer ROCKETLAB
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Forward Looking Statements This presentaton may contan Litigetion Reform Act of 1995 Section Z7A of the Securities Act of 1933, 2s Securties Exchange Act of 1934 as emended All statements other than stater in this presentation including statements regarding our expectation
Slide 3: Q2 Overview
B OVERVIEW RECORD QUARTER + a QUARTER WINS a) ‘$5aim ve) TRANSFORMATIONAL 34M N SPACE Ss7Ms $2368) ACQUISITIONS ECORD SYSTEMS INLAUNCH RECORD Q2 UNLOCKING NEW TAMs REVENUE © CONTRACTS CONTRACTS BACKLOG & CAPABILITIES Q2 2026 revenue Across Q2 and post Across Q2 and post Plus more than $800M Iridium
Slide 4: Applications
APPLICATIONS Z u > x u in un Ul
Slide 5: Rocket Lab Is Acquiring Iridium
ESN eT GESRot N G SPACE APPLICATIONS ROCKETLAS ROCKET LAB IS ACQUIRING IRIDIUM Combines Rocket Lab's launch capability and satellite manufacturing with lridium‘s global satellite communications network and rare spectrum. Rocket Lab becomes a fully-integrated, self-launching, tier-1 space power, deli
Slide 6: Rocket Lab Becomes An Integrated Space Powerhouse
ROCKET LAB BECOMES AN INTEGRATED SPACE POWERHOUSE SPACE APPLICATIONS Global voice, data, and PNT services LAUNCH >
Slide 7: Iridium Acquisition
IRIDIUM ACQUISITION UR FUTURE IN SPACE APPLICATIONS WILL BE UNLOCKED AND ACCELERATED This is our entrance into recurring applications revenue from space, but it’s not the finish line. Rather than simply continuing Iridium’s network, we will build upon it to scale into untapped markets and pioneer ne
Slide 8: The Ultimate Combination For Growth
THE ULTIMATE COMBINATION FOR GR ° EXPANDING CAPABILITIES Build upon Iridium’s existing network to scale into untapped markets, pioneer new space-based services, and deliver enhanced services across loT, D2D, PNT, defense and national security, and aviation and marine safety. 3 Rocket Lab STREAMLING
Slide 9: Section
SECTION
Slide 10: $397M Contract For Space Force SB-AMTI Program
SPACE SYSTEMS $397M CONTRACT TO BUILD AND LAUNCH FLATELLITES FOR SPACE FORCE SB-AMTI PROGRAM * Space-Based Airbome Moving Target Indicator: A large Space Force constellation to detect, track, and monitor airborne threats from space. * Includes multiple Flatellite spacecraft (+ options for more) laun
Slide 11: Selected To Build GEO Satellites For Space Force
1 SPACE SYSTEMS NEW MARKET UNLOCKED: SELECTED TO BUILD GEO SATELLITES FOR SPACE FORCE * Selected to build multiple geostationary satellites to deliver Space Domain Awareness for Space Systems Command across multiple contracts totalling more than $160M. * M&A synergy realized with integration of Heim
Slide 12: Electron: Victus Haze Record Breaking Responsive Space Mission
B® ELECTRON VICTUS HAZE: RECORD BREAKING RESPONSIVE SPACE MISSION LAUNCH RECORD: RAPID SPACECRAFT OPS: ON-ORBIT PURSUIT: 16 HRS 42 MINS 34 HRS EARLY 25 HRS EARLY Launch on Electron with just 16 hours Spacecraft commissioning complete in Tracked and photographed a target adversary 42 minutes’ notice
Slide 13: Rocket Lab Germany
13 B@ SPACE SYSTEMS ROCKET LAB GERMANY DELIVERING EUROPEAN SOVEREIGN SPACE CAPABILITIES SATELLITE MANUFACTURING Rocket Lab Germany is pursuing opportunities that could lead to the establishment of satellite bus, payload, and spacecraft components manufacturing in Germany. Potential for establishment
Slide 14: Section
SECTION Os S HASTE
Slide 15: Launch: Record Demand & Backlog
15 ® LAUNCH RECORD DEMAND & BACKLOG Q2 2026 plus post-quarter launch contracts across Electron, HASTE, and Neutron.* $437M+ RECORD NEW LAUNCH CONTRACTS 26 NEW LAUNCHES BOOKED 90+ LAUNCHES IN BACKLOG Highest in company history Rocket Lb | Q2 2028 Francia Result cludes six qptionst
Slide 16: Electron & HASTE: New Multi-Launch Contracts Signed
@ ELECTRON & HASTE NEW ee 68k OC MULTI- SA OUR LAUNCH | CONTRACTS | .1..00-1.1-0 SIGNED © PULL i a — DEFENSE iOPs PRIME
Slide 17: Largest Launch Contract Yet: $266M From U.S. Space Force
® ELECTRON & HASTE LARGEST LAUNCH CONTRACT YET: $266M FROM U.S. SPACEFORCE = Landmark agreement with ~18 suborbital launches,* first Space Force's Space Systems launch within 6 months. Command solidifies Rocket Lab as a flight test leader for missile defense. * Two new launch pads and a new location
Slide 18: Introducing GHOST
®@ ELECTRON S&S HASTE INTRODUCING GHOosT GLOBAL HYPERSONIC & ORBITAL SPACEPORT TECHNOLOGY LAUNCH BACK-T0 SOVEREIGN ANYWHERE, -BACK LAUNCH - ANYTIME MISSIONS EXPORT >. Rockets, launch GHOST supports Bringingaone- ~~ infrastructure, Electron and stop shop for full ground support, HASTE, bringing end-t
Slide 19: Neutron
NEUTRON
Slide 20: Neutron: Flight Hardware Coming Together
®@ NEUTRON FLIGHT HARDWARE COMING TOGETHER ARCHIMEDES ENGINES THRUST MODULE STAGE 1 STAGE 2 HUNGRY HIPPO FAIRING 400+ hotfires completed. Final fluids and avionics integration. Assembly underway. Final integration. in pre-flight testing. 20 Rocket Lab | C2 2026 Francia Resuits
Slide 21: Stage 1
Stage 1: Production making progress following transition from hand layup to automated fiber placement, with barrel section and propellant tank domes moving into assembly and fitout. Production of the Stage 1 tank currently aligns with target delivery of Neutron to the launch pad in Q4 2026. Intersta
Slide 22: Stage 2
& NEUTRON Stage 2: Completing fluids and avionics integration and checkouts. Stage 2 being prepared to ship directly to Launch Complex 3 for final test campaign before first launch.
Slide 23: Final Avionics and Fluids Integration
Final avionics and fluids integration as well as engine fit-checks completed ahead of testing on the launch pad. w 23° Rocket Lib 022
Slide 24: 400+ Hotfire Tests Completed
400+ hotfire tests completed across Stage 1 and Stage 2 engines, including beyond the power and mission duty cycle required. Control and durability validated across flight hardware for all major engine components. Full engine set for Neutron’s first launch are in production. Once qualification progr
Slide 25: Hungry Hippo Pre-Flight
BN oe HUNGRY HIP PRE- FLIGHT ; iN % Hungry Hippo reusable fairing: & oh Final checkouts underway before ~d Hungry Hippo is ready for flight i x and attached to the rest of the ~S first stage. 25 Rocket Lab | 02 2028 Francia Rest
Slide 26: New Commercial And Defense Launches Signed
® NEUTRON NEW COMMERCIAL AND DEFENSE LAUNCHES SIGNED Constellation launch for Kepler Communications — the first time Kepler has booked a dedicated mission Dedicated launch with ona commercial launch multiple Rocket Lab vehicle. Flatellites for Space Force's SB-AMTI program to detect Launching NET 20
Slide 27: High Demand For Early Neutron Launch Slots
B NEUTRON HIGH DEMAND FOR EARLY NEUTRON LAUNCH SLO COMMERCIAL 1x launch for Kepler Communications. 7x confidential customer launches. DEFENSE Dedicated launch for Space Force's SB-AMTI program. National Security Space Launch (NSSL) provider. Launching US. Air Force point-to-point delivery experiment
Slide 28: Financial Highlights And Outlook
SECTION FINANCIAL HIGHLIGHTS AND OUTLOOK
Slide 29: Review Of Revenue And Gross Margins
B® FINANCIAL HIGHLIGHTS REVIEW OF REVENUE AND GROSS MARGINS $234M $234.1 Revenue increase 62% or $89.6M year-on-year, driven by growth in our Space Systems business, primarily due to increased contribution from our SDA Tranche II and Tranche Ill contracts and our components businesses. Sequential re
Slide 30: Review Of Backlog
@ FINANCIAL HIGHLIGHTS Sequential backlog increase of 6.1% REVIEW OF BACKLOG quarter-over-quarter, or $136M, driven by $2.36 BILLION Ba a 2202 significant bookings within both our launch segment and space systems segment. Q1'26 ENDING BACKLOG: $2.28 Q2'26 ENDING BACKLOG: $2.36B BACKLOG BY SEGMENT BA
Slide 31: Review Of Operating Expenses
B® FINANCIAL HIGHLIGHTS REVIEW OF OPERATING EXPENSES QUARTER-ON-QUARTER GAAP & NON-GAAP OPERATING EXPENSES GAAP and Non-GAAP SG&A expense arr increased sequentially primarily due to the integration of the Mynaric acquisition $132.5 GAAP and Non-GAAP R&D expense increased primarily due to the integra
Slide 32: EPS, Non-GAAP Free Cash Flow and Adjusted EBITDA
B® FINANCIAL HIGHLIGHTS EPS N 0 N -= GAAP FREE CAS H FLOW GAAP EPS loss declined sequentially, U ' primarily due to the inclusion of Mynaric results AN D ADJ EB ITDA following the acquisition close during the quarter, which we expect to meaningfully QUARTER-ON-QUARTER improve as we look to scale the
Slide 33: Q3 2026 Outlook
B® FINANCIAL HIGHLIGHTS Q3 2026 OUTLOOK Q3 2026 Q3 2026 GAAP REVENUE OUTLOOK AND NON-GAAP GROSS MARGINS Expect GAAP gross margin to range between 29 - 31%, driven by weaker mix within several of our product lines. Expect Non-GAAP gross margin of 35 - 37%. + Expect revenue to range between $250 milli
Slide 34: Upcoming Investor Events
GENERAL UPCOMING INVESTOR EVENTS MorganStanley | ——2 Wa cedham WORLD SPACE 14" ANNUAL a | GLOBAL SPACE T ANNUAL BUSINESS ~ LAGUNA AND DEFENSE NEEDHAM VIRTUAL WEEK CONFERENCE TECH SUMMIT & "TECH WEEK r Sep. 14-17, 2026 | Sep. 15-17, 2026 Nov. 17-18, 2026 Nov. 18-20, 2026 Adam Spice | Stephen Ananias
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Slide 36: Thank You
THANK YOU rocketlabcorp.com ROCKETLAB