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Rocket Lab USA, Inc. - RKLB STOCK NEWS

Welcome to our dedicated page for Rocket Lab USA news (Ticker: RKLB), a resource for investors and traders seeking the latest updates and insights on Rocket Lab USA stock.

Rocket Lab USA, Inc. (RKLB) is pioneering the way in opening access to space to enhance life on Earth. As an orbital launch provider, Rocket Lab delivers rapid and reliable access to orbit for small satellites. The company’s core business involves the design, manufacture, and deployment of the Electron rocket—the world's first fully carbon composite orbital launch vehicle, powered by 3D printed, electric pump-fed engines.

Headquartered in Huntington Beach, California, Rocket Lab also operates a launch complex in Mahia, New Zealand, which is the world’s only private orbital launch range. This facility, Rocket Lab Launch Complex 1, is licensed to launch every 72 hours, allowing Rocket Lab to maintain an unprecedented launch cadence.

Since January 21, 2018, when Rocket Lab successfully reached orbit with the Electron vehicle and deployed its first commercial payloads, the company has made significant strides in eliminating barriers to commercial space access. This milestone marked the beginning of a new era of space exploration and accessibility.

Rocket Lab is engaged in two main segments: Launch Services and Space Systems. The Electron and Neutron launch vehicles, along with the Photon satellite platform, are key products enabling a wide range of operations including national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications.

The company's end-to-end mission services cater to civil, defense, and commercial markets worldwide, including major revenue contributions from the United States. Geographically, Rocket Lab serves clients in Japan, Germany, and other international markets.

Recent developments and partnerships continue to bolster Rocket Lab’s market position. With a focus on innovation and reliability, Rocket Lab is continually expanding the frontiers of space exploration.

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Rocket Lab has secured two contracts worth $14 million for its Lightband Separation Systems, marking the highest value orders to date for these systems. The contracts are with Lockheed Martin and another undisclosed customer, contributing to the Space Development Agency’s Tranche 1 Transport Layer satellites. Rocket Lab’s Lightbands boast a 100% mission success rate and superior performance over traditional systems. These contracts enhance Rocket Lab's position in the national defense sector.

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Rocket Lab USA has been selected by MDA Ltd to develop the Satellite Operations Control Center (SOCC) for Globalstar's expanding Low Earth Orbit constellation. This contract enhances Rocket Lab's existing partnership with MDA and Globalstar, building on a previous $143 million contract for 17 spacecraft buses. The SOCC, developed in Denver, will ensure constant monitoring and control of Globalstar's satellites. The project underlines Rocket Lab's commitment to providing comprehensive space mission solutions beyond just launch services.

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Rocket Lab USA (NASDAQ: RKLB) has commenced operations at its Archimedes Test Complex at NASA's Stennis Space Center in Mississippi. This facility will focus on the development and testing of the Archimedes reusable engines for the Neutron launch vehicle, which aims to deliver large spacecraft and support future human spaceflight. The project is expected to create numerous jobs and drive significant investment in Mississippi, enhancing the region's aerospace industry and supporting Rocket Lab's growth strategy.

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Rocket Lab USA Inc has successfully launched its 32nd Electron mission, deploying the MATS satellite for the Swedish National Space Agency into a 585km orbit. The launch occurred at 17:27 UTC, showcasing a swift four-month contract-to-orbit turnaround. The mission also included a successful ocean splashdown of the Electron rocket's first stage, although a planned mid-air capture was not executed due to telemetry loss. This marks Rocket Lab's ninth mission of the year, contributing to a record number of launches, with plans for a Virginia launch by December.

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Rocket Lab has been selected by Inmarsat Government to develop an L-band radio as part of NASA's $278.5 million Communications Services Project. This project aims to enhance near-Earth communications through collaborations with commercial satellite providers. Rocket Lab's Frontier-L radio will support Inmarsat's InCommand service for real-time telemetry and control of satellites in low Earth orbit. With the decommissioning of NASA's traditional communication system, this partnership will ensure reliable communication for future missions.

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Rocket Lab USA has delivered the final solar panels for NASA’s Gateway lunar space station, crucial for the Power and Propulsion Element (PPE). These panels will provide nearly 70 kilowatts of power, supporting NASA's Artemis missions and enabling the first woman and person of color to land on the Moon. The solar panels utilize Rocket Lab's advanced Z4J solar cells with a 30.0% efficiency. This delivery underscores Rocket Lab's role in significant space exploration initiatives, including powering the Orion spacecraft and the recent CAPSTONE satellite launch.

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Rocket Lab USA, Inc. (Nasdaq: RKLB) will attempt its next Electron rocket recovery mission, titled "Catch Me If You Can", on November 04, UTC. This mission involves capturing the rocket’s first stage mid-air using a modified Sikorsky S-92 helicopter as it returns from space. The Electron rocket will launch a science satellite, MATS, for the Swedish National Space Agency. This follows the company's successful recovery attempt in May 2023, aiming to enhance reusability and efficiency in launch operations.

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Rocket Lab USA, Inc. (NASDAQ: RKLB) will hold a conference call on November 09, 2022, at 4:30 PM ET to discuss its third quarter financial results. The company has launched a public Q&A platform for shareholders to submit questions for the management team to address during the call. Interested parties can access the live webcast and replay on Rocket Lab's Investor Relations website. Founded in 2006 and headquartered in Long Beach, California, Rocket Lab offers launch services and space systems, having successfully delivered 151 satellites to orbit.

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Rocket Lab USA, Inc. (RKLB) has been selected by NASA’s Jet Propulsion Laboratory to supply solar panels for the CADRE program, aimed at enhancing exploration on the Moon and Mars. These panels will utilize Rocket Lab’s advanced inverted metamorphic multi-junction (IMM) solar cells, which are 40% lighter and more efficient than standard options. This technology was developed by SolAero Technologies, acquired by Rocket Lab in January 2022. The CADRE program is expected to fly on a commercial robotic lander within the next five years, supporting NASA's plans for lunar and Martian exploration.

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Rocket Lab USA, Inc. (Nasdaq: RKLB) announced its participation in four investor conferences in November 2022. Key events include the Stifel Midwest One-on-One Growth Conference in Chicago on November 10, attended by CFO Adam Spice, and the Deutsche Bank Global Space Summit, also on November 10, featuring CEO Peter Beck. Additional conferences include the Roth Technology Event in New York on November 16 and the Credit Suisse Industrials Conference in Florida on November 30. Presentations will be available for replay at the Rocket Lab investor relations website.

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FAQ

What is the current stock price of Rocket Lab USA (RKLB)?

The current stock price of Rocket Lab USA (RKLB) is $23.26 as of November 22, 2024.

What is the market cap of Rocket Lab USA (RKLB)?

The market cap of Rocket Lab USA (RKLB) is approximately 11.7B.

What does Rocket Lab USA, Inc. do?

Rocket Lab USA, Inc. designs, manufactures, and launches rockets and spacecraft, providing access to space for small satellites.

What is the Electron rocket?

The Electron rocket is the world's first fully carbon composite orbital launch vehicle, powered by 3D printed, electric pump-fed engines.

Where is Rocket Lab headquartered?

Rocket Lab is headquartered in Huntington Beach, California, USA.

Where does Rocket Lab launch its rockets?

Rocket Lab launches its rockets from Rocket Lab Launch Complex 1 in Mahia, New Zealand.

When did Rocket Lab reach orbit for the first time?

Rocket Lab reached orbit for the first time on January 21, 2018, with the Electron rocket.

What are the main segments Rocket Lab operates in?

Rocket Lab operates in two main segments: Launch Services and Space Systems.

What markets does Rocket Lab serve?

Rocket Lab serves civil, defense, and commercial markets, with key revenue from the United States, Japan, Germany, and other international clients.

What is the Photon satellite platform?

The Photon satellite platform is designed and manufactured by Rocket Lab to support a variety of space operations, including Earth observation and communications.

What is Rocket Lab's launch frequency capability?

Rocket Lab's launch complex in New Zealand is licensed to launch every 72 hours, enabling a high launch frequency.

What are some recent achievements of Rocket Lab?

Recent achievements include successful deployments of multiple satellites for various private and public sector organizations, enhancing capabilities in national security, scientific research, and climate monitoring.

Rocket Lab USA, Inc.

Nasdaq:RKLB

RKLB Rankings

RKLB Stock Data

11.70B
443.05M
10.95%
50.69%
11.87%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
LONG BEACH