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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.

News

Rocket Lab Announces Pricing of Upsized Offering of $300 Million Convertible Senior Notes

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Rocket Lab, a global leader in launch services and space systems, announced the pricing of its private offering of $300.0 million aggregate principal amount of 4.250% convertible senior notes due 2029. The offering was upsized from the previously announced offering size of $275.0 million aggregate principal amount of notes. The notes will mature on February 1, 2029, unless earlier converted, redeemed, or repurchased. The net proceeds from the offering are expected to be approximately $290.2 million. Rocket Lab intends to use the proceeds for working capital, potential acquisitions, and strategic transactions.
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Rocket Lab Announces Proposed Offering of $275 Million Convertible Senior Notes

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Rocket Lab USA, Inc. is offering $275 million in convertible senior notes due 2029 to qualified institutional buyers. The notes will be senior, unsecured obligations, with interest payable semi-annually in arrears. Rocket Lab intends to use the net proceeds to pay for capped call transactions, repay borrowings, and for working capital or other general corporate purposes, including potential acquisitions and strategic transactions.
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Rocket Lab Announces Preliminary Fourth Quarter 2023 Financial Results After Successful Launch for Spire and NorthStar

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Rocket Lab USA, Inc. (Nasdaq: RKLB) shared preliminary financial results for its fiscal Q4 ended December 31, 2023, following the successful deployment of Spire and NorthStar’s Space Situational Awareness Mission. Revenue was impacted by a postponed Electron launch, but the Space Systems business showed strength. Estimated preliminary unaudited results for Q4 2023 include revenue of $59-61 million, with a net loss of $49-52.5 million. The GAAP gross margin is estimated to be 24.8-26.8%, and the non-GAAP gross margin is estimated to be 31.4-33.2%. Operating expenses are estimated to be $62.5-64.5 million, with an adjusted EBITDA loss of $28-30 million.
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Rocket Lab Successfully Launches First Electron Mission of Busy 2024 Launch Schedule

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Rocket Lab USA, Inc. (Nasdaq: RKLB) successfully launched its 'Four Of A Kind' mission for Spire Global, Inc and NorthStar Earth & Space, deploying four Space Situational Awareness satellites to a 530km circular Earth orbit. This marked Rocket Lab's 43rd Electron launch, with a record of 176 successfully deployed satellites. The mission also achieved the first successful return of Electron's first stage from space, indicating Rocket Lab's progress towards making Electron the world's first reusable small orbital rocket.
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Rocket Lab Announces Date of Fourth Quarter 2023 Financial Results

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Rocket Lab USA, Inc. (RKLB) will release its financial results for the fourth quarter and full year 2023 on February 27, 2024. The corresponding conference call will be hosted at 2:00 p.m. Pacific Time. A live webcast and replay of the call will be available on the Company’s Investor Relations website.
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Rocket Lab to Present at Upcoming Conferences

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Rocket Lab USA, Inc. (Nasdaq: RKLB) will be participating in several conferences in January, February, and March 2024 to discuss its launch services and space systems. The conferences include Barclays Launchpad: Investing in Space, TD Cowen 45th Annual Aerospace & Defense Conference, Citi's 2024 Global Industrial Tech and Mobility Conference, and 36th Annual Roth Conference. The Chief Financial Officer, Adam Spice, will be attending these events. A replay of the presentations will be available on the company's investor website.
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Rocket Lab to Launch Space Situational Awareness Mission for Spire and NorthStar

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Rocket Lab USA, Inc. (Nasdaq: RKLB) announces the launch window for its first mission of 2024, the 'Four of a Kind' mission, scheduled to deploy four Space Situational Awareness (SSA) satellites for Spire Global, Inc's customer NorthStar Earth & Space. Rocket Lab will also attempt to recover Electron's first stage from the mission for reusability.
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Rocket Lab Makes its Defense Prime Debut with $0.5 Billion Contract to Design and Build Satellite Constellation for Space Development Agency

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Rocket Lab USA, Inc. (Nasdaq: RKLB) has been selected by the Space Development Agency (SDA) to design and build 18 Tranche 2 Transport Layer-Beta Data Transport Satellites (T2TL - Beta) under a $515 million USD firm-fixed price agreement. The contract establishes Rocket Lab’s position as a leading satellite prime contractor, providing supply chain diversity to the Department of Defense (DoD) through vertical integration. The satellites are scheduled for launch in 2027.
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Rocket Lab To Host Discussion of Government Constellation Award

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Rocket Lab USA, Inc. (Nasdaq: RKLB) announced a scheduled call to discuss its Government constellation award. The call will take place on January 8, 2024, at 2:00 p.m. Pacific Time. A live webcast and replay of the conference call will be available on the Company’s Investor Relations website at www.rocketlabusa.com/investors.
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Rocket Lab Reaches New Annual Launch Record with 10th Electron Mission This Year

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Rocket Lab USA, Inc. (Nasdaq: RKLB) successfully launched its 42nd Electron rocket, deploying a satellite for Japan-based Earth imaging company the Institute for Q-shu Pioneers of Space, Inc. (iQPS). The mission, named 'The Moon God Awakens', launched from New Zealand and marked Rocket Lab's 10th Electron launch for the year, setting a new annual record. The satellite, 'TSUKUYOMI-I', is a synthetic-aperture radar (SAR) satellite that will collect high-resolution images of Earth, joining a constellation capable of monitoring Earth every 10 minutes.
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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 $28.44 as of December 26, 2024.

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

The market cap of Rocket Lab USA (RKLB) is approximately 13.7B.

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.

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Rocket Lab USA, Inc.

Nasdaq:RKLB

RKLB Rankings

#705 Ranked by Market Cap
N/A Ranked by Dividends

RKLB Stock Data

13.67B
443.29M
10.9%
55.1%
10.75%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States of America
LONG BEACH