Latest news with #TheSeaGodSees
UPI
17-05-2025
- Business
- UPI
California firm Rocket Lab launches third satellite for Japanese company
Mission success for Electron's 64th launch! See ya later to "The Sea God Sees" and welcome to space again @QPS_Inc. Rocket Lab (@RocketLab) May 17, 2025 May 17 (UPI) -- American aerospace firm Rocket Lab on Saturday carried a successful launch mission from its facility in New Zealand. The California-based publicly-traded company completed its third mission for Japanese firm the Institute for Q-shu Pioneers of Space, using one its partially-reusable Electron orbital launch vehicle. "Another fantastic launch by the Electron team to flawlessly deliver another iQPS mission to orbit," Rocket Lab founder and CEO Peter Beck said in a statement on the company's website. "Constellation deployment requires a reliable rocket with pinpoint orbital deployment accuracy that allows for the seamless integration of the latest spacecraft to the constellation - and that's exactly the service Electron continues to provide as the global leading launcher for small satellite missions. With another mission lined up with iQPS in just a few short weeks, we're looking forward to supporting their constellation with multiple missions this year and next." The mission delivered a synthetic aperture radar Earth-imaging satellite, into low Earth orbit, approximately 357 miles above the planet. Liftoff from the Rocket Lab Launch Complex 1 in Mahia, New Zealand occurred at 8:17 p.m. NZST Saturday, marking the company's 64th mission overall using the Electron rocket. Rocket Lab's contract with the Japanese company stipulates five further launches through next year. Four of those are set to take place in 2025, beginning next month, as the Institute for Q-shu Pioneers of Space continues building its constellation of satellites. "We are truly delighted to have successfully launched our 10th satellite into orbit just two months after the launch of our QPS-SAR-9," iQPS CEO Shunsuke Onishi said in the Rocket Lab media release. "This achievement is a remarkable milestone to the outstanding technical capabilities of our development team, and we are deeply grateful to Rocket Lab team for enabling such a precise and agile launch. With more Electron launches ahead, we're more committed than ever to accelerating the buildout of our satellite constellation, and we look forward to continuing this powerful partnership."
Yahoo
06-05-2025
- Business
- Yahoo
Rocket Lab USA (NasdaqCM:RKLB) Prepares For Sixth Mission With iQPS Satellite Launch
Rocket Lab USA announced its upcoming mission "The Sea God Sees," set for May 2025, alongside securing hypersonic test agreements under MACH-TB 2.0. Amid a broader market experiencing a 2% decline, Rocket Lab's share price rose sharply by 37% last month. This significant movement could be attributed to the company's recent announcements, showcasing its strategic initiatives that align with the growing aerospace sector, countering broader declines. As the Dow Jones slipped following an extended winning streak and tariff-related concerns, Rocket Lab's steady rise highlights investor confidence in its future launches and contracts. We've discovered 2 warning signs for Rocket Lab USA that you should be aware of before investing here. NasdaqCM:RKLB Earnings Per Share Growth as at May 2025 The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Rocket Lab USA's recent announcement regarding its upcoming mission "The Sea God Sees" and new hypersonic test agreements could potentially enhance its strategic focus on end-to-end space services, as underscored by the initiatives outlined in the company's narrative. The increase in rocket launch capabilities and an emphasis on new products like the Flatellite may pave the way for expanded market opportunities and revenue growth. With the share price rising 37% last month, these developments likely bolstered investor confidence despite broader market declines, showcasing the investor optimism aligned with the company's growth prospects. Over the past year, Rocket Lab's total shareholder return, including both share price and dividends, reached a very large figure of 453.69%. This impressive performance over the longer term contrasts with its 1-year performance relative to the US Aerospace & Defense industry, which saw a return of 20.3%. Rocket Lab's current share price of US$22.4 exhibits a 9.0% discount to the consensus analyst price target of US$24.60, indicating that analysts expect some room for upward movement. In terms of revenue and earnings forecasts, the latest developments may contribute to accelerating revenue projections and improving margin forecasts. The anticipated growth in Neutron launches and other innovations could lead to greater revenue predictability and earnings enhancement, aligning with analyst expectations for significant revenue and margin improvements over the coming years. With these projections, the share price movement towards the price target may reflect continued investor confidence in Rocket Lab's growth trajectory.
