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Rocket Lab’s Hungry Hippo Fairing Arrives at Virginia Launch Site Ahead of First Neutron Flight

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Rocket Lab (Nasdaq: RKLB) announced the arrival of its “Hungry Hippo” captive fairing at Wallops Island, Virginia, ahead of the Neutron rocket’s first flight. After qualifying late last year, the fairing was moved to Rocket Lab’s Neutron Assembly and Integration Complex for inspections and further pre-launch testing at Launch Complex 3. Neutron is described as a reusable carbon composite rocket capable of carrying up to 13,000 kg (33,000 lb) to space. The Hungry Hippo fairing halves remain attached for the full mission and open/close for second-stage deployment, a world-first approach intended to support rapid reuse and high-cadence commercial, civil, and national security launches.

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Positive

  • Payload capacity of up to 13,000 kg (33,000 lb)
  • World-first captive fairing that remains attached throughout the mission
  • Fairing halves open/close in seconds enabling rapid second-stage deployment
  • Built for reuse with carbon composite Neutron design to support rapid turnaround

Negative

  • None.

Key Figures

Neutron payload capacity: 13,000 kg Neutron payload capacity: 33,000 pounds SDA prime contract: $816 million +5 more
8 metrics
Neutron payload capacity 13,000 kg Maximum payload to space for Neutron missions
Neutron payload capacity 33,000 pounds Maximum payload to space for Neutron missions
SDA prime contract $816 million Prime contract to build 18 TRK T3 satellites (Dec 19, 2025)
Base contract value $806 million Base value of SDA TRK T3 award excluding options
Contract options $10.45 million Optional value on top of base SDA TRK T3 contract
Total SDA capture $1 billion Potential capture value including supplier roles on TRK T3
Prior SDA award $515 million Earlier Space Development Agency contract referenced in Dec 19, 2025 news
Combined SDA value $1.3 billion Total SDA contract value including prior $515M award

Market Reality Check

Price: $80.45 Vol: Volume 21,225,382 is belo...
normal vol
$80.45 Last Close
Volume Volume 21,225,382 is below the 20-day average of 27,185,603, suggesting no outsized trading response. normal
Technical Shares near $80.45 are trading above the 200-day moving average at $46.5, reflecting a pre-existing uptrend into this Neutron update.

Peers on Argus

RKLB gained 1.05% while key aerospace & defense peers were mixed (e.g., ESLT -1....

RKLB gained 1.05% while key aerospace & defense peers were mixed (e.g., ESLT -1.25%, WWD +1.27%), indicating the move was more company-specific than sector-driven.

Common Catalyst Peers BWXT and ESLT also reported defense- and national-security-related news today, but their mixed price indications contrast with RKLB’s modest gain.

Historical Context

5 past events · Latest: Jan 22 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 22 Launch success Positive +0.2% First 2026 Electron launch deploying two Open Cosmos satellites to 1,050 km orbit.
Jan 21 Test incident update Negative -1.5% Disclosure of Neutron Stage 1 tank rupture during hydrostatic qualification test.
Dec 21 Launch milestone Positive +10.0% Final 2025 Electron launch, 21 missions in 2025 with 100% mission success.
Dec 19 Major contract win Positive +17.7% $816M prime contract for 18 SDA TRK T3 satellites, lifting total SDA value above $1.3B.
Dec 18 Launch for DoD Positive +11.1% STP-S30 mission success for U.S. defense customer, 20th launch of 2025.
Pattern Detected

Recent history shows strong positive reactions to major contract wins and successful launches, while negative technical updates on Neutron have coincided with modest declines.

Recent Company History

Over the past months, Rocket Lab has reported multiple successful Electron missions and major U.S. Space Development Agency awards, including contracts totaling over $1.3 billion. These events often saw double-digit percentage gains on strong news, especially contract wins and national security launches. The Jan 21 Neutron tank rupture update drew a negative reaction, contrasting with the generally positive response to execution milestones. Today’s Neutron “Hungry Hippo” fairing arrival continues that development narrative after earlier schedule-related uncertainty.

Market Pulse Summary

This announcement highlights a concrete Neutron development milestone: delivery of the “Hungry Hippo...
Analysis

This announcement highlights a concrete Neutron development milestone: delivery of the “Hungry Hippo” captive fairing to the Virginia launch site, supporting a reusable rocket designed to carry up to 13,000 kg (33,000 pounds) to orbit. In context with earlier Neutron test disclosures and substantial SDA contract wins, it underscores ongoing execution on both technology and government programs. Investors may watch for schedule updates, further testing results, and additional national security awards as key markers.

AI-generated analysis. Not financial advice.

LONG BEACH, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the arrival of its “Hungry Hippo” captive fairing – a world-first for a commercial rocket – to Virginia for its Neutron rocket.

Hungry Hippo arrival

After clearing qualification testing late last year, the Hungry Hippo has been delivered to Wallops Island in Virginia and transported to Rocket Lab’s Neutron Assembly and Integration Complex. In the coming days engineers and technicians will complete their inspections following its delivery and prepare the fairing for further pre-launch testing at Neutron’s nearby launch and test site, Rocket Lab Launch Complex 3.

Hungry Hippo’s arrival marks another step toward Neutron’s debut that will usher in a new era of commercial space access. With a launch, return, and launch again ethos that mimics commercial aviation, Neutron will bring innovation and competition to today’s global space industry that strengthens America’s industrial base and ensures its access to space with reliable and modern launch capabilities.

Neutron “Hungry Hippo” key facts:

  • Neutron will be the world’s largest reusable carbon composite rocket, capable of launching up to 13,000 kg ( 33,000 pounds) of payload and cargo to space for missions involving national security, space science and human exploration, and constellation deployment for satellite internet, Earth observation, global connectivity, and more.
  • With a focus on rapid reuse and reducing launch costs, Neutron’s “Hungry Hippo” fairing halves remain attached to the rocket throughout the entire mission, including launch, payload deployment, and return to Earth – a world-first for a reusable commercial rocket.
  • Whereas typical rockets’ fairing halves fall away during launch and are disposable or require collection at sea for reuse, Neutron’s fairing halves open and close for second stage deployment within a matter of seconds - streamlining operations for a high-cadence launch service for commercial, civil, and national security missions.

Images: Neutron | Flickr

Rocket Lab Media Contact
Murielle Baker
media@rocketlabusa.com

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.

About Neutron
Rocket Lab’s Neutron launch vehicle is a powerful new solution designed to deliver a cost-effective, reliable, and responsive launch service for commercial and government missions and to help solve bottlenecked launch across the global space industry. Designed for reusability, responsive launch, and orbital insertion accuracy for up to 13,000 kg of payload, Neutron will set a new standard for performance and reliability for the highest-priority defense and national security missions, commercial satellite constellations, and civil space exploration. Neutron utilizes a unique design that brings the Stage 1 and payload fairing back to Earth as a single, integrated stage that maximizes cadence in a 13-ton to orbit reusable performance capability. The advanced design of Neutron includes carbon composite for all of the rocket’s major structures and an innovative upper stage that enables high-performance for complex satellite deployments, including the deployment of satellite mega-constellations. Neutron is powered by nine Archimedes engines on Stage 1, and one vacuum-optimized Archimedes engine on Stage 2. Neutron operates from Rocket Lab Launch Complex 3 (LC-3) located at Wallops Island, Virginia from the Mid-Atlantic Regional Spaceport (MARS).  

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 www.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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51bfef9e-6183-4f7c-983a-053dceb660f0


FAQ

What is Rocket Lab's Hungry Hippo fairing and why is it notable for RKLB?

The Hungry Hippo is a captive fairing delivered to Wallops Island that remains attached through launch and return, a world-first for a commercial rocket.

What payload capacity does Neutron offer according to Rocket Lab (RKLB)?

Neutron is stated to be capable of launching up to 13,000 kg (33,000 lb) of payload and cargo to space.

Where will the Hungry Hippo undergo final inspections and testing for RKLB?

The fairing was transported to the Neutron Assembly and Integration Complex and will undergo further pre-launch testing at Rocket Lab Launch Complex 3 in Virginia.

How does the Hungry Hippo fairing change recovery or reuse operations for RKLB Neutron?

Unlike disposable fairings, Hungry Hippo fairing halves remain attached for launch, payload deployment, and return, aiming to streamline reuse and high-cadence operations.

What mission types does Rocket Lab target with Neutron and the Hungry Hippo fairing?

Neutron is targeted for national security, space science, human exploration, and constellation deployment including satellite internet and Earth observation.

Has Rocket Lab completed testing of the Hungry Hippo fairing for the first Neutron flight?

Qualification testing was cleared late last year, and engineers will complete inspections and prepare the fairing for additional pre-launch testing in the coming days.
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