By now you've heard the news: On Dec. 22, 2023, small rocket company Rocket Lab (RKLB 0.19%) won its biggest contract since its foundation -- and it wasn't for launching rockets at all.For a grand total of $515 million, the U.S. Space Force hired Rocket Lab to design, build, and operate a total of 18 satellites for its Proliferated Warfighter Space Architecture program, the PWSA. Comprising two separate but related systems, PWSA is designed to encircle the globe in a network of small satellites able to trac ...

Rocket Lab USA (RKLB -0.92%) shares visited a lot of places in 2023, at one point up about 100% for the year but also losing about half of their gains for the year over a matter of months.The ups and downs likely left investors with whiplash day-to-day, but if you zoom out Rocket Lab appears to be heading in the right direction. Shares of the space start-up finished up 46.7% in 2023, according to data provided by S&P Global Market Intelligence, and the company enters 2024 on a lot more stable footing compar ...

LONG BEACH, Calif.--(BUSINESS WIRE)--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 January, February and March 2024: Barclays Launchpad: Investing in Space Virtual: January 17th, 2024 Attended by Adam Spice, Chief Financial Officer TD Cowen 45th Annual Aerospace & Defense Conference Washington, D.C.: February 14th, 2024 Attended by Adam Spice, Chief Financial Officer Citi's 2024 Glo ...

Rocket Lab (NASDAQ:RKLB) stock is on the move Tuesday after the space company announced a $515 million contract with Space Development Agency.According to a press release from Rocket Lab, this contract will have subsidiary Rocket Lab National Security handling the designing and building of 18 Tranche 2 Transport Layer-Beta Data Transport Satellites. It will also take care of the development, production, testing and operation of the satellites.Rocket Lab points out that the $515 million payment from Space De ...

LONG BEACH, Calif.--(BUSINESS WIRE)--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 its first mission of 2024. The ‘Four of a Kind’ mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The mission will deploy four Space Situational Awareness (SSA) satellites for Spire ...

LONG BEACH, Calif.--(BUSINESS WIRE)--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, p ...

LONG BEACH, Calif.--(BUSINESS WIRE)--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 ...

Shares of Rocket Lab (RKLB 7.26%) climbed as much as 7% early Thursday, then settled to trade up 4.7% after Cathy Wood's ARKQ Autonomous Technology & Robotics ETF (ARKQ 0.39%) added to its stake in the aerospace and rocket launch services specialist.ARK Invest is bolstering its stake in Rocket LabMore specifically, Wood's ARKQ exchange traded fund bought 27,324 shares of Rocket Lab on Wednesday. Yesterday's buy brought ARKQ's total stake in Rocket Lab to 3,483,938 shares, worth just over $19 million as of t ...

For nearly a decade after its formation in December 2006, the United Launch Alliance (ULA) joint venture between Boeing (BA 0.12%) and Lockheed Martin (LMT 0.45%) was the de facto dominant space-launch company in the U.S.Then came SpaceX, successfully launching a Falcon 1 rocket to orbit in 2008, launching a bigger Falcon 9 rocket in 2010, and then landing Falcon 9 rockets with regularity starting in 2015. Ever since, the balance of power between ULA and SpaceX has shifted to the point that SpaceX is gettin ...

In recent years, the space exploration market has captivated investors and onlookers worldwide. As humanity ventures beyond Earth’s atmosphere, this sector promises technological advancements and potentially lucrative returns.Interestingly, 2024 could mark a relevant point for investments in space exploration, triggering a new era of economic growth. This industry has the potential to pioneer scientific knowledge and pave the way for many opportunities for humankind.As we glance at the space-related roster, ...