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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) shared its fiscal third quarter financial results, revealing a strong start with two successful Electron missions, a planned return to flight for Electron, progress on Neutron development, hypersonic test launches with defense customers, spacecraft production for Globalstar contract, and guidance for Q4 2023 and Q1 2024.
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Rocket Lab USA, Inc. announces the appointment of retired U.S. Space Force Lt. Gen. Nina Armagno to its Board of Directors. Lt. Gen. Armagno brings over 35 years of experience in leadership positions within the U.S. Air Force and U.S. Space Force. She is a highly accomplished individual with a background in space operations and national defense. Rocket Lab is excited to have her join the board as they continue to expand their launch and space systems businesses.
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Rocket Lab has received authorization from the FAA to resume Electron launches after experiencing an in-flight anomaly. The company is conducting a review to determine the root cause of the anomaly and expects to return to flight later this quarter with corrective measures in place.
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Rocket Lab announces that two spacecraft for NASA's ESCAPADE mission have entered the system integration phase in preparation for a planned launch in 2024.
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Rocket Lab USA, Inc. to release financial results for Q3 2023
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Rocket Lab has officially opened its new Engine Development Center in Long Beach, California. The 144,000+ square foot facility will support the high-rate production of Rocket Lab's 3D printed Rutherford engine and the development and production of the new Archimedes engine for the Neutron rocket. Rocket Lab acquired the facility and production assets from Virgin Orbit for $16.1 million. The Engine Development Center will maximize collaboration between engineering and manufacturing and streamline efficiency as Rocket Lab increases its launch cadence and prepares for Neutron's debut launch.
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Rocket Lab adjusts Q3 2023 financial outlook due to launch anomaly. Revenue guidance lowered to $66-68M from $73-77M. Launch services revenue lowered to $22M from $30M. GAAP gross margin lowered to 18-20% from 21-23%. Non-GAAP gross margin lowered to 26-28% from 28-30%. Anomaly investigation underway with no material incremental expenses expected. Rocket Lab has completed 37 successful Electron missions.
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Rocket Lab experiences issue during launch, resulting in mission failure. Investigation underway. Next mission postponed. Revised Q3 revenue guidance expected.
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Rocket Lab signs contract with Leidos for four HASTE missions, scheduled for 2024 and 2025, to support hypersonic technology innovation and maturation.
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Rocket Lab announces its next Electron launch for Capella Space, scheduled for September 19, 2023. This will be Rocket Lab's third launch for Capella this year. Capella's SAR Acadia satellite will be deployed to low Earth orbit, enhancing the company's existing constellation. Rocket Lab's precise payload deployment record and vertical integration strategy are highlighted. No specific financial or percentage numbers are provided.
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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