Company Description
Rocket Lab Corporation (Nasdaq: RKLB) is a space company that provides launch services, spacecraft, payloads, and satellite components to commercial, government, and national security customers. According to the company’s disclosures, its activities span civil, defense, and commercial markets, with missions supporting Earth observation, national security, scientific research, and exploration beyond Earth.
Rocket Lab designs and manufactures the Electron small-lift orbital rocket, described in company materials as the world’s most frequently launched orbital small rocket. Electron has deployed satellites for private and public sector organizations, including missions for Earth imaging companies, national space agencies, and defense-related programs. The company also operates HASTE, a suborbital variant of Electron that provides hypersonic test launch capability for the U.S. government and allied nations.
In addition to small launch, Rocket Lab is developing the Neutron launch vehicle. Company materials describe Neutron as a reusable, medium-class rocket designed to provide cost-effective, reliable, and responsive launch for commercial satellite constellations, national security missions, and civil space exploration. Neutron features a carbon composite structure and a distinctive fairing system, known as the “Hungry Hippo,” in which the fairing halves remain attached to the first stage, open to release the second stage and payload, then close again for return and reuse.
Rocket Lab’s business extends beyond launch vehicles into space systems. The company provides spacecraft platforms, payloads, and satellite components, including reaction wheels and other attitude determination and control hardware. Its spacecraft and components have supported hundreds of missions, including constellations, GPS-related missions, and exploration missions to destinations such as the Moon, Mars, and Venus, as stated in its public descriptions.
Rocket Lab operates in multiple segments. Earlier descriptions identify Launch Services and Space Systems as key segments, reflecting the company’s dual focus on providing access to orbit and supplying spacecraft and subsystems. Launch Services encompass Electron and HASTE missions for commercial, civil, and defense customers. Space Systems include satellite platforms, payloads, and components that can be integrated into missions launched on Electron or on other providers’ launch vehicles.
The company has highlighted its role in national security space. It has conducted missions for the U.S. Space Force’s Space Systems Command and the Department of War’s Space Test Program, deploying experimental spacecraft and technology demonstrations. Rocket Lab has also been awarded significant contracts by the U.S. Space Development Agency to design and manufacture satellites equipped with missile warning, tracking, and defense sensors, including its own Phoenix infrared sensor payload and StarLite space protection sensors. These programs are part of broader architectures intended to provide global, persistent detection and tracking of emerging missile threats.
Rocket Lab’s international customer base includes space agencies and research institutions. The company has launched dedicated missions for the Japan Aerospace Exploration Agency (JAXA) under JAXA’s Innovative Satellite Technology Demonstration Program, deploying technology demonstration satellites developed by Japanese companies, universities, and research institutions. It has also accelerated dedicated launches for the Korea Advanced Institute of Science and Technology (KAIST), deploying Earth observation satellites designed to monitor natural disasters along the Korean Peninsula.
Company disclosures also describe a presence in Canada through a subsidiary focused on satellite hardware. Rocket Lab’s Canadian operations, based on acquired capabilities, design and deliver reaction wheels and related components that have flown on satellites across a wide mass range. The company has received funding from the Canadian Space Agency’s Space Technology Development Program to develop a new medium-class reaction wheel intended for satellites in the roughly 500 kg to 1,000 kg range.
Rocket Lab’s corporate structure includes Rocket Lab Corporation as the parent holding company and Rocket Lab USA, Inc. as a wholly owned subsidiary. A holding company reorganization made Rocket Lab Corporation the successor issuer to Rocket Lab USA, Inc., with outstanding shares of the predecessor automatically converted into corresponding shares of the new parent. The company is incorporated in Delaware and holds annual meetings of stockholders, as described in its proxy materials.
Rocket Lab’s common stock trades on the Nasdaq stock exchange under the ticker symbol RKLB. The company has utilized shelf registration statements and at-the-market equity offering programs to raise capital, and it has pursued acquisitions to expand its capabilities, including the acquisition of the parent holding company of GEOST LLC and an announced agreement to acquire all outstanding shares of Mynaric AG, subject to regulatory approvals and transaction conditions described in its SEC filings.
Through its combination of launch vehicles, spacecraft platforms, payloads, and satellite components, Rocket Lab positions itself as an integrated provider across multiple parts of the space value chain. Its missions support commercial imaging constellations, technology demonstrations for national space agencies, hypersonic test flights for defense customers, and missile warning and tracking architectures for national security space programs.