Latest news with #RocketLabCorporation
Business Wire
14 hours ago
- Business
- Business Wire
Rocket Lab Adds Two New Missions to 2025 Electron Launch Manifest, Schedules First Launch in Four Days' Time
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab Corporation (Nasdaq: RKLB) ('Rocket Lab' or 'the Company'), a global leader in launch services and space systems, today announced it has been selected to launch two dedicated missions on Electron for a confidential commercial customer, the first of which will launch in just four days' time - a demonstration of Rocket Lab's ability to execute against a rapid contract-to-launch timeline for responsive, dedicated access to space for satellite operators. Launching from Rocket Lab Launch Complex 1 in New Zealand, the first dedicated mission on Electron – named 'Symphony In The Stars' - will take place no earlier than June 20, 2025 to deploy a single spacecraft to a 650km circular Earth orbit. A second dedicated launch on Electron to meet those same mission requirements is scheduled for launch before the end of 2025. Rocket Lab Founder and CEO, Sir Peter Beck, says: 'These newly-added missions to our launch manifest represent everything that makes Electron a global launch leader: a tailored and responsive launch service that meets the mission requirements of satellite operators to get their satellites on orbit when they want, where they want, and on short notice. We're proud to be delivering an unbeatable launch service for this new customer on Electron and looking forward to the first launch this week.' These dedicated Electron launches demonstrate both the strength of Rocket Lab's responsive launch capabilities and its increasing launch cadence as the global leader in dedicated small launch. With demand for 20+ launches in 2025 and 100% mission success for all Electron launches this year, Electron is continually sought after by satellite operators across commercial, civil, and government missions, and remains on track for another record year of launches from Rocket Lab's Launch Complex 1 and Launch Complex 2 orbital launch sites in Mahia, New Zealand and Wallops Island, Virginia. 'Symphony In The Stars' launch information: About Rocket Lab Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle, a family of flight-proven spacecraft, and the Company is developing the large Neutron launch vehicle for constellation deployment. Since its first orbital launch in January 2018, Rocket Lab's Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered more than 200 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab's spacecraft have been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia. 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 and the Investor Relations section of our website at 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.
Yahoo
06-06-2025
- Business
- Yahoo
Rocket Lab Corporation (RKLB): A Bull Case Theory
We came across a bullish thesis on Rocket Lab Corporation (RKLB) on Steve Wagner's Substack. In this article, we will summarize the bulls' thesis on RKLB. Rocket Lab Corporation (RKLB)'s share was trading at $26.79 as of 30th May. A rocket launching into the night sky, carrying a satellite payload. Rocket Lab (RKLB) has taken a transformative step beyond its core business of launching rockets by acquiring GEOST, a company specializing in advanced sensor payloads for satellites—particularly those used in missile tracking and intelligence operations. This strategic acquisition positions Rocket Lab as a vertically integrated, end-to-end provider for national security space missions, expanding its role from launch provider to full-spectrum defense contractor. GEOST's technology is vital to space-based surveillance and defense, and by bringing this capability in-house, Rocket Lab enhances its ability to serve U.S. government agencies with complete mission solutions. The move is especially significant as it allows RKLB to challenge entrenched industry players like Lockheed Martin and Northrop Grumman in the lucrative and strategically important national security space. Despite the game-changing nature of this acquisition, the market has largely overlooked its disruptive potential, creating a compelling opportunity for forward-looking investors. With rising geopolitical tensions and growing demand for space-based defense infrastructure, this expansion into sensor payloads provides Rocket Lab with a differentiated edge and deeper entrenchment in defense budgets. It also signals RKLB's ambition to capture more of the value chain and become a critical national asset, not just a launch service. The company's ability to innovate across both hardware and mission services could significantly enhance its long-term growth trajectory. F or investors focused on strategic inflection points and underappreciated catalysts, this bold move into payload manufacturing makes RKLB one to watch closely as it matures into a next-generation aerospace and defense powerhouse. Previously, we have covered RKLB in May 2025 wherein we summarized a by the same author. Rocket Lab (RKLB) began 2025 with strong momentum, reporting a 32% year-over-year revenue increase to $122.6 million, driven by five successful launches and robust growth in its high-margin Space Systems segment. The company's $1.07 billion backlog, expanding defense contracts, and the upcoming Neutron rocket positioned it as a credible, vertically integrated space and defense partner. Despite short-term losses from R&D, RKLB's diversified business and solid liquidity made it a compelling long-term investment. Since our last coverage, the stock is up 23% as of 30th May. Rocket Lab Corporation (RKLB) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held RKLB at the end of the first quarter which was 37 in the previous quarter. While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
06-06-2025
- Business
- Yahoo
Rocket Lab Corporation (RKLB): A Bull Case Theory
We came across a bullish thesis on Rocket Lab Corporation (RKLB) on Steve Wagner's Substack. In this article, we will summarize the bulls' thesis on RKLB. Rocket Lab Corporation (RKLB)'s share was trading at $26.79 as of 30th May. A rocket launching into the night sky, carrying a satellite payload. Rocket Lab (RKLB) has taken a transformative step beyond its core business of launching rockets by acquiring GEOST, a company specializing in advanced sensor payloads for satellites—particularly those used in missile tracking and intelligence operations. This strategic acquisition positions Rocket Lab as a vertically integrated, end-to-end provider for national security space missions, expanding its role from launch provider to full-spectrum defense contractor. GEOST's technology is vital to space-based surveillance and defense, and by bringing this capability in-house, Rocket Lab enhances its ability to serve U.S. government agencies with complete mission solutions. The move is especially significant as it allows RKLB to challenge entrenched industry players like Lockheed Martin and Northrop Grumman in the lucrative and strategically important national security space. Despite the game-changing nature of this acquisition, the market has largely overlooked its disruptive potential, creating a compelling opportunity for forward-looking investors. With rising geopolitical tensions and growing demand for space-based defense infrastructure, this expansion into sensor payloads provides Rocket Lab with a differentiated edge and deeper entrenchment in defense budgets. It also signals RKLB's ambition to capture more of the value chain and become a critical national asset, not just a launch service. The company's ability to innovate across both hardware and mission services could significantly enhance its long-term growth trajectory. F or investors focused on strategic inflection points and underappreciated catalysts, this bold move into payload manufacturing makes RKLB one to watch closely as it matures into a next-generation aerospace and defense powerhouse. Previously, we have covered RKLB in May 2025 wherein we summarized a by the same author. Rocket Lab (RKLB) began 2025 with strong momentum, reporting a 32% year-over-year revenue increase to $122.6 million, driven by five successful launches and robust growth in its high-margin Space Systems segment. The company's $1.07 billion backlog, expanding defense contracts, and the upcoming Neutron rocket positioned it as a credible, vertically integrated space and defense partner. Despite short-term losses from R&D, RKLB's diversified business and solid liquidity made it a compelling long-term investment. Since our last coverage, the stock is up 23% as of 30th May. Rocket Lab Corporation (RKLB) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held RKLB at the end of the first quarter which was 37 in the previous quarter. While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Rocket Lab Corporation (RKLB) Advances into Payload Sector with Geost Acquisition
Rocket Lab Corporation (NASDAQ:RKLB) has announced a definitive agreement to acquire Geost, LLC. The $275 million deal comprises $125 million in cash and $150 million in Rocket Lab stock, plus a possible $50 million earnout, and signals the company's official foray into the payload segment. A launch pad atop a grassy hill, smoke filled sky from a successful voyage to space. Geost has more than 20 years of expertise in developing electro-optical and infrared (EO/IR) payloads for missile tracking, tactical ISR, and space domain awareness. These capabilities stand parallel to the U.S. Department of Defense's objectives for resilient satellite architectures. This includes the Space Development Agency's Tracking Layer and Golden Dome initiative. The acquisition, expected to close in the second half of 2025, includes Geost's IP, manufacturing infrastructure in Arizona and Virginia, and its 115-strong technical workforce. Rocket Lab Corporation (NASDAQ:RKLB) elevates its vertical integration through this acquisition and reduces mission cost and integration risk. It also becomes capable of optimizing delivery timelines for defense clients. Peter Beck, CEO of Rocket Lab Corporation (NASDAQ:RKLB), made the following comment: 'With the acquisition of Geost, we're bringing advanced electro-optical and infrared payloads in-house to support secure, responsive, and cost-effective systems at scale.' The market response before the acquisition has been cautiously optimistic. Goldman Sachs maintained a Neutral stance but increased the price target from $14.35 to $16.00 on May 12. Needham & Company reiterated its Buy rating a day later, raising the target to $28.00, citing the company's strengthening foothold in the defense sector. While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RKLB and that has 100x upside potential, check out our report about the READ NEXT: 10 Unstoppable Dividend Stocks to Buy Now and 11 Oversold Global Stocks to Buy According to Hedge Funds Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Rocket Lab Corporation (RKLB) Advances into Payload Sector with Geost Acquisition
Rocket Lab Corporation (NASDAQ:RKLB) has announced a definitive agreement to acquire Geost, LLC. The $275 million deal comprises $125 million in cash and $150 million in Rocket Lab stock, plus a possible $50 million earnout, and signals the company's official foray into the payload segment. A launch pad atop a grassy hill, smoke filled sky from a successful voyage to space. Geost has more than 20 years of expertise in developing electro-optical and infrared (EO/IR) payloads for missile tracking, tactical ISR, and space domain awareness. These capabilities stand parallel to the U.S. Department of Defense's objectives for resilient satellite architectures. This includes the Space Development Agency's Tracking Layer and Golden Dome initiative. The acquisition, expected to close in the second half of 2025, includes Geost's IP, manufacturing infrastructure in Arizona and Virginia, and its 115-strong technical workforce. Rocket Lab Corporation (NASDAQ:RKLB) elevates its vertical integration through this acquisition and reduces mission cost and integration risk. It also becomes capable of optimizing delivery timelines for defense clients. Peter Beck, CEO of Rocket Lab Corporation (NASDAQ:RKLB), made the following comment: 'With the acquisition of Geost, we're bringing advanced electro-optical and infrared payloads in-house to support secure, responsive, and cost-effective systems at scale.' The market response before the acquisition has been cautiously optimistic. Goldman Sachs maintained a Neutral stance but increased the price target from $14.35 to $16.00 on May 12. Needham & Company reiterated its Buy rating a day later, raising the target to $28.00, citing the company's strengthening foothold in the defense sector. While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RKLB and that has 100x upside potential, check out our report about the READ NEXT: 10 Unstoppable Dividend Stocks to Buy Now and 11 Oversold Global Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
