Rocket Lab USA Inc (RKLB) Sector
Industrials

(Current) $24.75
-3.23 (-11.54%) Open Price: 27.28

Rocket Lab USA Inc is an aerospace manufacturer and small satellite launch service provider based in Long Beach, California, USA. The company was founded in 2006 by New Zealand-born entrepreneur Peter Beck. Rocket Lab's mission is to revolutionize the space industry by providing affordable and frequent access to space for small satellite payloads.

Rocket Lab is known for its Electron rocket, a two-stage launch vehicle specifically designed for launching small satellites into orbit. The Electron rocket is relatively small compared to traditional rockets, making it cost-effective for launching smaller payloads. The company's approach is to focus on the growing market for small satellites and offer dedicated and responsive launch services tailored to the needs of small satellite operators.

The company's unique and proprietary technology includes the Electron's Rutherford engines, which use 3D printing technology for efficient and rapid production. This innovative approach enables Rocket Lab to manufacture and launch rockets at a faster pace, reducing lead times and providing more frequent launch opportunities for its customers.

Rocket Lab operates several launch sites, including Launch Complex 1 in New Zealand, the world's first private orbital launch site. Additionally, the company has established a launch site in the United States at Wallops Island, Virginia, to cater to customers seeking launches from U.S. soil.

The company has developed a strong customer base, with numerous commercial, government, and research institutions using Rocket Lab's launch services. Through its dedicated and frequent launch capabilities, Rocket Lab has played a significant role in democratizing access to space for small satellite operators and advancing the growing field of small satellite applications.

(11/29/24) $27.28
(12/03/24) $27.98
(12/03/24) (Qty.)41,201,250
(11/29/24) $25.66
(11/29/24) $28.05
(11/10/24) $14.01
(12/01/24) $28.10
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