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Rocket Lab Neutron Test Update

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Rocket Lab (Nasdaq: RKLB) provided a Neutron development update after a Stage 1 tank rupture occurred during a hydrostatic pressure qualification test overnight on Jan. 21, 2026.

The company said testing failures can be part of qualification, that there was no significant damage to the test structure or facilities, and that the next Stage 1 tank is already in production while the team reviews test data to determine any impact to the Neutron launch schedule.

Rocket Lab intends to provide a Neutron schedule update on its 2025 Q4 earnings call in February.

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Positive

  • No significant damage to test structure or facilities
  • Next Stage 1 tank already in production
  • Neutron development campaign continues during data review

Negative

  • Stage 1 tank ruptured during hydrostatic pressure trial
  • Test data review may delay Neutron launch schedule

News Market Reaction

-1.50%
37 alerts
-1.50% News Effect
-4.1% Trough in 3 min
-$714M Valuation Impact
$46.91B Market Cap
1.0x Rel. Volume

On the day this news was published, RKLB declined 1.50%, reflecting a mild negative market reaction. Argus tracked a trough of -4.1% from its starting point during tracking. Our momentum scanner triggered 37 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $714M from the company's valuation, bringing the market cap to $46.91B at that time.

Data tracked by StockTitan Argus on the day of publication.

LONG BEACH, Calif., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced an update relating to the development of its Neutron rocket.

As the Company pushes Neutron to the limits and beyond to qualify its systems and structures for launch, qualification testing of the Stage 1 tank overnight resulted in a rupture during a hydrostatic pressure trial. Testing failures are not uncommon during qualification testing. We intentionally test structures to their limits to validate structural integrity and safety margins to ensure the robust requirements for a successful launch can be comfortably met.

There was no significant damage to the test structure or facilities, the next Stage 1 tank is already in production, and Neutron’s development campaign continues while the team assesses today’s test outcome.

The team is reviewing the Stage 1 test data, which will determine the extent of the impact to Neutron’s launch schedule. The Company intends to provide an update on the Neutron schedule during its 2025 Q4 earnings call in February.

Rocket Lab Media Contact
media@rocketlabusa.com

About Rocket Lab
About Rocket Lab Rocket Lab is a leading space company that provides launch services, spacecraft, payloads and satellite components serving commercial, government, and national security markets. Rocket Lab’s Electron rocket is the world’s most frequently launched orbital small rocket; its HASTE rocket provides hypersonic test launch capability for the U.S. government and allied nations; and its Neutron launch vehicle in development will unlock medium launch for constellation deployment, national security and exploration missions. Rocket Lab’s spacecraft and satellite components have enabled more than 1,700 missions spanning commercial, defense and national security missions including GPS, constellations, and exploration missions to the Moon, Mars, and Venus. Rocket Lab is a publicly listed company on the Nasdaq stock exchange (RKLB). Learn more at www.rocketlabcorp.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://investors.rocketlabcorp.com which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.


FAQ

What happened during Rocket Lab's Neutron Stage 1 test on Jan. 21, 2026 (RKLB)?

A Stage 1 tank ruptured during a hydrostatic pressure qualification trial; the company reported no significant damage.

Will the Stage 1 tank rupture delay Rocket Lab's Neutron schedule (RKLB)?

The team is reviewing test data to determine the extent of any impact; a schedule update is planned on the 2025 Q4 earnings call in February.

Did the Stage 1 tank rupture cause facility damage at Rocket Lab (RKLB)?

Rocket Lab said there was no significant damage to the test structure or facilities.

Is Rocket Lab continuing Neutron development after the test rupture (RKLB)?

Yes; the company said Neutron's development campaign continues and the next Stage 1 tank is already in production.

When will Rocket Lab provide an update on Neutron's launch schedule (RKLB)?

The company intends to provide an update during its 2025 Q4 earnings call in February.
Rocket Lab Usa Inc

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47.00B
525.12M
1.77%
61.5%
12.35%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States
LONG BEACH