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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 USA, Inc. (Nasdaq: RKLB) will announce its fourth quarter and full year 2021 financial results on February 28, 2022, after U.S. market close. A conference call will follow at 1:30 p.m. PT to discuss the results and financial outlook. Rocket Lab is known for its reliable launch services and has successfully delivered 109 satellites for various sectors since its first launch in January 2018. The company is expanding its operational footprint with launch sites in New Zealand and Virginia.

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Rocket Lab has been selected by NASA as one of twelve companies to provide launch services for the agency's Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions. This initiative offers new opportunities for science and technology payloads while enhancing the growing U.S. commercial launch market. The VADR program has a total budget of $300 million for launch contracts over five years, allowing for a range of payload deliveries, contributing to NASA's research and technology development.

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Rocket Lab USA (RKLB) has extended the redemption date for its Public Warrants to 5:00 p.m. New York time on January 31, 2022. This extension aims to assist retail investors who may have missed earlier communications regarding the warrant redemption. Previously, the Initial Redemption Date was set for January 21, 2022, with a redemption price of $0.10 per warrant. Holders can exercise their warrants for cash at $11.50 per share or on a cashless basis for 0.2843 shares per warrant. Unexercised warrants will become void after the new redemption date.

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Rocket Lab (NASDAQ: RKLB) has completed its acquisition of SolAero Holdings for $80 million in cash. This strategic move enhances Rocket Lab’s vertical integration, allowing it to deliver comprehensive space solutions. SolAero, a leading provider of high-efficiency space solar cells, has supported key missions including the James Webb Space Telescope and Mars explorations. With this acquisition, Rocket Lab aims to boost production capabilities and expand its market footprint, leveraging SolAero's established technologies and expertise.

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Rocket Lab announced its 24th Electron launch scheduled for February 4, 2022, as part of a multi-launch deal with BlackSky (NYSE:BKSY) through Spaceflight Inc.. The mission, named 'Without Mission A Beat', will deliver additional satellites for BlackSky to expand its Earth-imaging satellite constellation.

This launch marks the continuation of Rocket Lab's busy launch schedule and confirms its role as a trusted partner for BlackSky in satellite deployment.

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Rocket Lab USA (RKLB) announced the 'Redemption Fair Market Value' of $11.57 for its public and private warrants. Holders exercising warrants on a cashless basis can receive 0.2843 shares per warrant. All unexercised warrants after 5:00 p.m. on January 21, 2022, will become void, with holders only entitled to a redemption price of $0.10 per warrant. The company previously announced the redemption of outstanding public and private placement warrants as part of its efforts to streamline its capital structure and enhance market efficiency.

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Rocket Lab USA, Inc. (Nasdaq: RKLB) announced the redemption of all outstanding public and private placement warrants to purchase shares of its common stock. These warrants, issued under the Warrant Agreement dated September 24, 2020, will be redeemed at a price of $0.10 per warrant. The redemption will occur if the company meets specific stock price criteria, with the current Reference Value being less than $18.00. Holders must exercise their warrants by January 21, 2022, or they will become void.

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Rocket Lab has announced a strategic acquisition of SolAero Holdings for $80 million. This move adds the world’s largest production line of high-performing space solar cells to Rocket Lab's space systems business. Expected to close in Q1 2022, the acquisition supports Rocket Lab's growth strategy of vertical integration, enhancing its capability in spacecraft manufacturing and satellite subsystems. SolAero's technology has powered over 1,000 successful space missions, highlighting its significant role in the aerospace market.

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Rocket Lab USA successfully launched two BlackSky Gen-2 Earth-imaging satellites on December 9, 2021, marking its 23rd mission from New Zealand's Launch Complex 1. This launch increased BlackSky's satellite constellation to 12. Rocket Lab has now deployed a total of 109 satellites since its inception. The mission, part of a broader agreement with Spaceflight, demonstrates the company’s commitment to expanding satellite deployment rapidly. With a busy 2022 launch schedule planned, Rocket Lab continues to enhance its capabilities, including developing the Neutron launch vehicle for larger missions.

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Rocket Lab has signed a deal with Synspective for three dedicated Electron launches to deploy StriX satellites. The first two missions are set for 2022, with a third in 2023. These satellites will enhance Synspective's synthetic aperture radar (SAR) constellation, allowing imagery collection regardless of weather. Following their initial launch in December 2020, the new missions will enable targeted launch parameters exclusive to Synspective, facilitating urban planning and disaster response. Rocket Lab aims to provide tailored launch services to support Synspective's business growth.

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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
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United States of America
LONG BEACH