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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.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has announced a change in its upcoming Electron launch schedule. The next mission, originally planned for Capella Space, will be postponed at the partner's request to allow for additional testing. Rocket Lab will instead proceed with a mission for Synspective in the coming weeks.
This adjustment showcases the flexibility of Electron's dedicated launch service, allowing customers to modify their launch timing without risking their satellites being left behind, as often occurs with traditional rideshare missions. The company emphasizes its ability to adapt quickly to customer needs, highlighting the market demand for small, dedicated launches.
Rocket Lab USA, Inc. (Nasdaq: RKLB) celebrated a preliminary agreement under the U.S. CHIPS and Science Act at its space-grade solar cells manufacturing facility in Albuquerque, New Mexico. The agreement would assist in modernizing and expanding the facility, increasing compound semiconductor production by 50% within three years. This expansion aims to meet growing national security and consumer demand for spacecraft and satellite solar cells.
The project is expected to bring over 100 direct manufacturing jobs to Albuquerque. Rocket Lab's facility has been operating for 25 years, employing 370 people and producing solar technology for over 1,100 satellites. The company has generated more than four megawatts of solar cell energy, equivalent to powering 14,400 miles driven by an electric car.
The investment, potentially up to $23.9 million, will support critical space programs, missile awareness systems, and exploratory science missions. Rocket Lab's technology has been important in projects like the James Webb Space Telescope, NASA's Artemis lunar explorations, and the Mars Insight Lander.
Rocket Lab USA (Nasdaq: RKLB), a leader in launch services and space systems, announced a preliminary agreement under the U.S. CHIPS and Science Act. The agreement will be celebrated at Rocket Lab’s facility in Albuquerque, New Mexico, on July 15, 2024. This investment aims to expand Rocket Lab's space-grade solar cell manufacturing, creating over 100 jobs. The event will feature remarks from several prominent government officials, including U.S. Senators Martin Heinrich and Ben Ray Luján, New Mexico Governor Michelle Lujan Grisham, and U.S. Deputy Secretary of Commerce Don Graves. Media check-in is at 9:00 a.m. MT at Rocket Lab's Albuquerque facility.
Rocket Lab has announced the launch window for its 51st Electron mission, titled 'A Sky Full Of SARs'. This dedicated mission for Capella Space will launch from the Mahia Peninsula in New Zealand, opening on July 21 NZST / July 20 UTC. The mission will deploy the Acadia-3 synthetic aperture radar (SAR) satellite to a 615km circular orbit. This is the fifth Rocket Lab launch for Capella, aiming to expand their Earth-imaging constellation. Rocket Lab is also providing a custom extended fairing and a separation system for the satellite. The mission will enhance Capella's high-resolution SAR capabilities, offering better bandwidth, faster downlink speeds, and reduced latency. This will be Rocket Lab's ninth mission in 2024.
Rocket Lab USA (Nasdaq: RKLB) will release its Q2 2024 financial results on August 8, 2024, post-market close. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), accessible via a live webcast and replay on their Investor Relations website. Rocket Lab, established in 2006, is renowned for its reliable launch services, satellite manufacturing, and spacecraft components. The company operates the Electron small orbital launch vehicle and is developing the Neutron launch vehicle. With three launch pads across New Zealand and Virginia, Rocket Lab has successfully launched 190 satellites, supporting missions for NASA and private enterprises.
Rocket Lab has donated one of its Electron rockets to the California Science Center’s Samuel Oschin Air and Space Center expansion project. This Electron rocket, one of the world’s most prolific launch vehicles with 50 launches, will be displayed temporarily in the Work in Progress gallery. This marks the first public display of the Electron rocket. Rocket Lab, known for its innovative use of 3D printed engines and carbon composite materials, has delivered 190 satellites for various sectors since its first launch in 2017. The company's Electron vehicle is the second most frequently launched U.S. rocket annually. Rocket Lab is also developing the Neutron, a 13-tonne payload reusable launch vehicle, to build on the success of Electron.
Rocket Lab has successfully launched its 50th Electron mission, deploying satellites for French IoT company Kinéis. The Electron rocket achieved this milestone faster than any other commercial rocket. The 'No Time Toulouse' mission took off from New Zealand on June 21, 2023, placing five satellites in a 635 km orbit. This mission is the first of five dedicated launches for Kinéis, aiming to enhance global IoT connectivity. Rocket Lab has now deployed 190 satellites across 50 missions, supporting various governmental and commercial projects, including NASA and the U.S. Space Force.
Rocket Lab (RKLB) has signed its largest Electron launch agreement with Synspective, a Japanese Earth observation company, for 10 launches, marking a significant milestone in their partnership. This deal, announced in Tokyo, continues their collaboration that began in 2020 and involves launching Synspective’s synthetic aperture radar (SAR) satellites. The new agreement includes 10 dedicated launches scheduled from 2025 to 2027, in addition to two launches already planned for this year. The deal allows Synspective to control the launch schedule and deployment parameters, enhancing their service capabilities. The partnership is expected to boost both companies' growth and innovation in the space industry.
Rocket Lab announced the signing of a preliminary memorandum of terms with the Department of Commerce to receive up to $23.9M under the CHIPS Act. This funding will expand Rocket Lab's semiconductor production for spacecraft at its New Mexico facility, creating over 100 jobs. The company, which acquired SolAero Technologies in 2022, is one of two U.S. producers of space-grade solar cells. These cells power critical space missions like NASA’s Artemis and the James Webb Space Telescope. The expansion aims to boost production by 50% in three years, meeting growing demand for national security and commercial satellites. New Mexico will also provide $25.5M in additional support. This move is part of a broader U.S. effort to bolster domestic semiconductor manufacturing.
Rocket Lab announced the launch window for its 50th Electron mission, 'No Time Toulouse,' set to begin on June 19, 2024, from New Zealand. The mission will deploy five IoT satellites for French company Kinéis, the first of five dedicated launches. Kinéis, backed by investors including CNES and CLS, aims to enhance global IoT connectivity with a new 25-satellite constellation. This milestone marks Rocket Lab's 50th Electron launch since its first in 2017 and will be broadcast live. The Electron rocket has become one of the most frequently launched U.S. rockets, with 190 satellites already deployed.
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