STOCK TITAN

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
none
-
Rhea-AI Summary

Rocket Lab (Nasdaq: RKLB) successfully completed the second of two Electron launches for NASA's PREFIRE mission, deploying a climate monitoring satellite just 11 days after the first launch.

The second launch, titled 'PREFIRE and Ice', took place on June 5th, 2024 from Mahia, New Zealand, placing the satellite into a 525km orbit.

The first launch, 'Ready, Aim, PREFIRE', occurred on May 25th, 2024. Both satellites will study heat loss from Earth's polar regions to improve climate and ice-loss models.

Rocket Lab has now delivered 185 satellites to space and completed its 49th Electron launch overall. Details for the 50th launch will be announced soon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
Tags
none
Rhea-AI Summary

Rocket Lab has announced the launch date for the second of two Electron launches for NASA's PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission. The 'PREFIRE and Ice' launch is set for June 1, 2024, from Launch Complex 1 in Mahia, New Zealand, following the successful 'Ready, Aim, PREFIRE' launch on May 25, 2024. This mission will deploy two cube satellites to measure heat radiation from Earth's poles, aiding climate change predictions. Rocket Lab's rapid, precise launches are essential for the mission's success. 'PREFIRE and Ice' marks Rocket Lab's 49th Electron launch overall and seventh in 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
-
Rhea-AI Summary

Rocket Lab successfully launched the first of two climate science satellites for NASA's PREFIRE mission from Launch Complex 1 in Mahia, New Zealand on May 25, 2024. The mission aims to detect heat loss over the Arctic and Antarctica by deploying two satellites into a 525km Low Earth Orbit. The second satellite will be launched in a few days. This mission will provide critical data to improve climate and ice models, aiding in better predictions of sea level and weather changes. Rocket Lab's Electron rocket was chosen for its ability to launch dedicated missions to precise orbits on demand.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

CesiumAstro has been selected by Rocket Lab to provide its Vireo active electronically scanned array (AESA) radio frequency (RF) communications payload for integration on 18 space vehicles supporting the Space Development Agency’s Tranche 2 Transport Layer. The payload, launching in mid-2027, will be the first multi-beam-capable Ka-band communications system operating in the Proliferated Warfighter Space Architecture (PWSA), delivering secure, low-latency communications and missile tracking capabilities for the U.S. Department of Defense.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
Rhea-AI Summary

Redwire (NYSE: RDW) has been selected by Rocket Lab to provide antennas and RF hardware for the Space Development Agency's Transport Layer Tranche 2 Satellite Constellation. This partnership will support the development of the Proliferated Warfighter Space Architecture (PWSA) to enhance secure communication for warfighters on land, in the air, and at sea. Redwire's significant investments in manufacturing capacity and assembly, integration, and test capacity highlight their commitment to the program. The company will produce 18 ship sets of antennas and RF front ends for Tranche 2 at its newly expanded Colorado facility, ensuring the success of the project.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Rocket Lab USA, Inc. (Nasdaq: RKLB) has completed the assembly of its 3D printed Archimedes engine for the Neutron launch vehicle, beginning an intensive test campaign at NASA's Stennis Space Center. The engine, designed for reusability, can produce 165,000 lbf and is set for a minimum of 20 launches per engine. The engine test is a critical step towards Neutron's first launch in mid-2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
-
Rhea-AI Summary

Rocket Lab, a global leader in launch services and space systems, completed the selection of subcontractors for 18 satellites being developed for the Space Development Agency. The company, under a $515 million contract, will lead the design, development, and operations of the satellite constellation to provide secure communications and missile tracking for the U.S. Department of Defense.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
Rhea-AI Summary

Rocket Lab announced their first quarter 2024 financial results with a 69% year-on-year revenue growth and a 55% sequential quarterly growth. CEO Peter Beck highlighted the successful Electron missions and major spacecraft programs. The development of the Neutron rocket, including the completion of the first Archimedes engine build, is progressing well. Rocket Lab also provided guidance for the second quarter of 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags

FAQ

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

2.25B
315.37M
10.78%
55.46%
11.37%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States of America
LONG BEACH

About RKLB

we are rocket lab and we're opening access to space to improve life on earth. rocket lab is an orbital launch provider, delivering rapid and repeatable access to orbit for small satellites. our team designs, builds and launches the electron rocket – the world’s first fully carbon composite orbital launch vehicle, powered by 3d printed, electric pump fed engines on january 21 2018, rocket lab reached orbit with the launch of the electron vehicle and successfully deployed the company’s first commercial payloads. it marked a significant milestone in eliminating commercial barriers and ushering in a new era of unprecedented access to space. rocket lab is headquartered in huntington beach, california, with operations and a launch pad in new zealand. electron is launched from rocket lab launch complex 1, the world’s only private orbital launch range. located in mahia, new zealand, and licensed to launch every 72 hours, rocket lab can accommodate an unprecedented launch cadence and reach orbi