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 t

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