Rocket Lab USA, Inc., an aerospace company, focuses on developing rocket launch and control systems for the space and defense industries. The company provides launch services, spacecraft components, satellites and other spacecraft, and on-orbit management solutions; and designs, manufactures, and sells Electron and Neutron launch vehicles, as well as offers Photon platform for spacecraft solutions. It serves customers in commercial, civil, defense, and academic sectors. The company was founded in 2006 and is headquartered in Long Beach, California.
IPO Year: 2020
Exchange: NASDAQ
Website: rocketlabusa.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | Mkt Perform | JMP Securities | |
7/15/2024 | $8.00 → $6.00 | Overweight → Equal-Weight | Morgan Stanley |
6/26/2024 | Neutral | BTIG Research | |
6/11/2024 | $4.50 | Neutral | Goldman |
2/12/2024 | $6.00 | Buy | Citigroup |
1/17/2024 | $8.00 | Overweight | KeyBanc Capital Markets |
10/26/2023 | $6.00 | Overweight | Cantor Fitzgerald |
4/18/2023 | $4.55 | Neutral | Citigroup |
10/12/2022 | $3.00 | Underperform | Credit Suisse |
8/31/2022 | $6.50 → $8.00 | Market Perform → Outperform | Cowen |
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced its second Pioneer spacecraft for Varda Space Industries, Inc. ("Varda") is successfully operating on orbit. The mission launched January 14, from Vandenberg Space Force Base at 11:09 PDT (19:09 UTC). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250115691114/en/Rocket Lab's Pioneer spacecraft for Varda's W-2 mission in the cleanroom at Vandenberg Space Force Base. (Photo: Business Wire) Varda's W-2 mission includes a Rocket Lab Pioneer spacecraft and a Varda re-entry capsule carrying a spect
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, will take part in the following conferences in Q1 2025. 27th Needham Growth Conference New York, NY: January 14th, 2025 Attended by Adam Spice, Chief Financial Officer TD Cowen 46th Annual Aerospace & Defense Conference Washington, D.C.: February 12th, 2025 Attended by Stephen Ananias, Vice President – Finance Citi's 2025 Global Industrial Tech and Mobility Conference Miami, FL: February 18th, 2025 Attended by Adam Spice, Chief Financial Officer Citizens JMP Technology Conference San Francisco, CA: March 3rd, 2025 Attended by Stephen Ananias, Vice President – Fin
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced a mutual agreement with NASA has been reached to include Neutron launch services to the agency through Rocket Lab's existing VADR (Venture-Class Acquisition of Dedicated and Rideshare) contract. Rocket Lab's new medium-lift reusable rocket Neutron allows the opportunity for Rocket Lab to continue broadening access to space to deliver multiple missions across a range of orbits, including CubeSats, Class D missions, and other payloads. With its small orbital launch vehicle Electron already on-ramped for NASA's VADR missions, Rocket Lab has previously demo
Rocket Lab National Security LLC ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced the successful completion of its Preliminary Design Review (PDR) for the Space Development Agency's (SDA) Tranche 2 Transport Layer-Beta (T2TL-Beta) program. This milestone marks a critical step in Rocket Lab's mission as a prime contractor to deliver 18 advanced data transport satellites for the U.S. Department of Defense's Proliferated Warfighter Space Architecture (PWSA). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109143960/en/Artist's concept of Rocket Lab's data transport satellites
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it has been selected to be a member of the team, led by Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) ("Kratos"), awarded a five-year OTA contract for the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 under Task Area 1. The total potential value of the MACH-TB 2.0 Contract Award over a five-year period is $1.45 billion. The Office of the Under Secretary of Defense for Research and Engineering (OUSD (R&E)) Test Resource Management Center (TRMC) established MACH-TB to support OUSD's National Hypersonic Initiative 2.0 by creat
The mission was Rocket Lab's 16th launch for the year and sixth launch to date for Japanese Earth-observation company Synspective Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it successfully completed the Company's 16th launch for the year, deploying a satellite for Japanese Earth-observation constellation operator Synspective. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241221492452/en/Rocket Lab successfully launches its 16th Electron rocket of the year, deploying a satellite to orbit for Japanese constellation operator Synspectiv
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, has successfully delivered its second Pioneer spacecraft to Vandenberg Space Force Base and completed production and testing of a third for Varda Space Industries, Inc. ("Varda"), the world's first orbital pharmaceutical processing and hypersonic Earth re-entry logistics company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241217295670/en/Rocket Lab's Second and Third Pioneer spacecraft for Varda Space Industries W-2 and W-3 missions. Image Credit: Rocket Lab The two spacecraft are part of a four-vehicle c
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it successfully launched a suborbital mission in November to test hypersonic technology for the Department of Defense. This mission provided hypersonic test launch capabilities under the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) project, which aims to increase hypersonic flight testing for the United States in support of technology maturation. The project was awarded by Naval Surface Warfare Center (NSWC) Crane through the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) Other Transaction Authority (OTA
The mission will be Rocket Lab's sixth launch for Synspective, out of a total of 16 missions booked on Electron by the Japanese Earth observation company. Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced a launch window for an upcoming Electron mission to deploy the latest satellite in Synspective's growing Earth observation constellation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205672685/en/A Rocket Lab Electron rocket launches for Synspective (Photo: Business Wire) The "Owl The Way Up" mission is scheduled to launch from Rocket
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, has finalized a $23.9 million award from the U.S. Department of Commerce to increase its compound semiconductor manufacturing capability and capacity at the Company's Albuquerque, New Mexico facility. The semiconductors produced by Rocket Lab are used in space-grade solar cells and other optoelectronic products that are important components for national security and commercial applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125975402/en/Pictured, Rocket Lab technician during the manufacturing
JMP Securities initiated coverage of Rocket Lab USA with a rating of Mkt Perform
Morgan Stanley downgraded Rocket Lab USA from Overweight to Equal-Weight and set a new price target of $6.00 from $8.00 previously
BTIG Research initiated coverage of Rocket Lab USA with a rating of Neutral
Goldman initiated coverage of Rocket Lab USA with a rating of Neutral and set a new price target of $4.50
Citigroup resumed coverage of Rocket Lab USA with a rating of Buy and set a new price target of $6.00
KeyBanc Capital Markets initiated coverage of Rocket Lab USA with a rating of Overweight and set a new price target of $8.00
Cantor Fitzgerald initiated coverage of Rocket Lab USA with a rating of Overweight and set a new price target of $6.00
Citigroup initiated coverage of Rocket Lab USA with a rating of Neutral and set a new price target of $4.55
Credit Suisse initiated coverage of Rocket Lab USA with a rating of Underperform and set a new price target of $3.00
Cowen upgraded Rocket Lab USA from Market Perform to Outperform and set a new price target of $8.00 from $6.50 previously
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
4 - Rocket Lab USA, Inc. (0001819994) (Issuer)
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced the appointment of Frank Klein as its new Chief Operations Officer (COO), effective September 16th, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910807125/en/Rocket Lab's new Chief Operations Officer, Frank Klein. (Photo: Business Wire) Frank Klein joins Rocket Lab with more than 30 years of international manufacturing experience and leadership in the automotive industry. At Rocket Lab, Mr. Klein will lead the Company's efforts to scale manufacturing of spacecraft, launch vehicles, a
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that Kenneth (Ken) Possenriede has been appointed to the Company's Board of Directors. A seasoned executive with strong business and financial acumen, Mr. Possenriede joins Rocket Lab after a 35-year career at Lockheed Martin Corporation in financial leadership positions, including serving as Chief Financial Officer (CFO). "Ken's deep aerospace and defense industry experience, combined with accomplished financial leadership, adds even more horsepower to Rocket Lab's already impressive board line-up," said Rocket Lab's founder and Chief Executive Offic
NASA's PREFIRE mission requires two satellites to be deployed to precise orbits one after the other, demonstrating Electron's highly responsive launch capability. Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it is preparing two back-to-back Electron launches to deploy NASA's PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission. The two dedicated missions will each deploy one satellite to a 525km circular orbit from Rocket Lab Launch Complex 1 in Mahia, New Zealand. The first mission – named ‘Ready, Aim, PREFIRE' – is scheduled to launch no earlier than May 22, 2024. The launch d
The highly responsive mission aims to demonstrate new orbital debris inspection technologies for space sustainability Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced it has set the launch window for Astroscale's orbital debris inspection demonstration mission. The ‘On Closer Inspection' mission is scheduled to launch during a 14-day window that opens on February 19th NZDT. The mission will lift-off from Rocket Lab Launch Complex 1 in New Zealand and will deploy the Active Debris Removal by Astroscale-Japan (ADRAS-J) satellite for Astroscale Japan Inc. The mission is the first phase of an orbital de
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a leading launch and space systems company, today announced the appointment of Colin Canfield to lead the Company's investor relations. As Investor Relations Manager Colin will be the primary liaison between Rocket Lab and the investment community, serve as a key advisor to the leadership team, and will lead all investor relations initiatives. Prior to joining Rocket Lab, Colin was most recently the U.S. Government Services and Space Analyst with Barclays as part of Institutional Investor's top ranked Aerospace and Defense team and top ranked Industrials franchise. Previously he covered Aerospace and Defense for Citi and
The former Aerojet Rocketdyne executive joins Rocket Lab with nearly two decades of aerospace experience and will lead all legal, governance, ethics, and compliance matters Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a leading launch and space systems company, announced today that Arjun Kampani will join the Company as Senior Vice President, General Counsel and Corporate Secretary, effective April 11, 2022. Kampani will lead Rocket Lab's legal and regulatory affairs, guiding the Company on all legal, governance, ethics, and compliance matters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220407006048/en
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced the appointment of Andrew Bunker to the role of Vice President of Government Operations and Business Strategy, effective November 8, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211109006479/en/Andrew Bunker, Vice President of Government Operations and Business Strategy (Photo: Business Wire) Mr. Bunker will be primarily responsible for the development and execution of company's federal, state, and local government strategy. Mr. Bunker will also play a leading role in strengthening Rock
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Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab", "the Company", "we," "us," or "our"), a global leader in launch services and space systems, today shared the financial results for fiscal third quarter, ended September 30, 2024. Rocket Lab founder and CEO, Sir Peter Beck, said: "In the third quarter 2024 we once again executed against our end-to-end space strategy with successes and key achievements reached across small and medium launch, as well as space systems. Revenue grew 55% year-on-year to $105 million and we continue to see strong demand growth with our backlog at $1.05 billion. Significant achievements for the quarter included signing a launch service agreement for multiple launc
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the third quarter 2024 following the close of the U.S. markets on Tuesday, November 12, 2024. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at www.rocketlabusa.com/investors. + 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
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today shared the financial results for fiscal second quarter, ended June 30, 2024. Rocket Lab founder and CEO, Sir Peter Beck, said: "This year's second quarter was Rocket Lab's highest revenue quarter in Company history at $106 million. This 71% year-on-year revenue increase demonstrates the strong and growing demand for our launch services and space systems products, and importantly, our team's ability to execute against it. Meanwhile, we reached a critical milestone in the development of our new medium lift rocket Neutron, with the successful completion of the first
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the second quarter 2024 following the close of the U.S. markets on Thursday, August 8, 2024. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at www.rocketlabusa.com/investors. + 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 servic
Rocket Lab also provided a major update on the progress of its new rocket Neutron, including that it has completed its first Archimedes engine build and has begun its engine test campaign in Mississippi Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today shared the financial results for fiscal first quarter ended March 31, 2024. Rocket Lab founder and CEO Peter Beck said: "Rocket Lab has had a strong start to the year, with our four Electron missions in Q1 marking an accelerated cadence of launches this year and maintaining our status as operators of the United States' second most frequently launched rocket. Mos
Rocket Lab USA, Inc. ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the first quarter 2024 following the close of the U.S. markets on Monday, May 6, 2024. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at www.rocketlabusa.com/investors. + 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 manufa
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today shared the financial results for fiscal fourth quarter and full year, ended December 31, 2023. Rocket Lab founder and CEO, Peter Beck, said: "Rocket Lab had another strong year in 2023 across our launch and space systems businesses. We grew revenue 16% year-on year, while expanding our GAAP and non-GAAP gross margins by 12.0 and 6.9 percentage points, respectively, and rounded out the fourth quarter with our largest contract – an award up to $515 million from the Space Development Agency which will see us act as prime contractor for the first time to build 18 sat
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will release its financial results for the fourth quarter and full year 2023 following the close of the U.S. markets on Tuesday, February 27, 2024. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at www.rocketlabusa.com/investors. + 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 reliab
As the prime contractor, Rocket Lab will design, build, test, and operate the Tranche 2 Transport Layer-Beta satellites for SDA's Proliferated Warfighter Space Architecture (PWSA) Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a leading provider of space launch services and advanced satellite technology, today announced it has been selected by and is under contract with the Space Development Agency (SDA) to design and build 18 Tranche 2 Transport Layer-Beta Data Transport Satellites (T2TL - Beta). Rocket Lab will act as prime contractor for the $515 million USD firm-fixed price agreement, leading the design, development, production, test, and operations of the satel
Rocket Lab USA, Inc. (NASDAQ:RKLB) ("Rocket Lab" or "the Company"), a global leader in launch services and space systems, today announced that it will host a scheduled call to discuss its previously announced Government constellation award (see here) following the close of the U.S. markets on Monday, January 8, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be available on the Company's Investor Relations website at www.rocketlabusa.com/investors. + 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
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