LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab”, “we”, “us” or “our”) (Nasdaq: RKLB), a global leader in launch services and space systems, announced today that it has commenced a private offering of $275.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with this offering, Ro ...

Rocket Lab (NASDAQ:RKLB) stock is a hot topic among traders on Wednesday after the space company announced its first mission of the year.Rocket Labs notes that it has completed Spire and NorthStar’s Space Situational Awareness Mission. This marks its first mission of 2024 and the company has high expectations for the rest of the year.Rocket Lab says that it has more missions scheduled for 2024 than any year prior. The company also mentions that its backlog has reached a new record as it continues to service ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab,” “the Company,” “we” or “us”), a global leader in launch services and space systems, today shared preliminary financial results for its fiscal fourth quarter ended December 31, 2023 following the successful deployment of Spire and NorthStar’s Space Situational Awareness Mission. Rocket Lab founder and CEO, Peter Beck, said: “Our fourth quarter included Electron’s successful return to service and our largest contract awar ...

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today launched its first Electron mission for 2024, a space-junk focused mission for Spire Global, Inc (“Spire”) and NorthStar Earth & Space (“NorthStar”). The ‘Four Of A Kind’ mission for Spire’s customer NorthStar successfully launched from Rocket Lab Launch Complex 1 in New Zealand at 19:34 NZDT / 06:34 UTC. Rocket Lab’s Electron rocket deployed ...

A downtrend has been apparent in Rocket Lab USA, Inc. (RKLB) lately. While the stock has lost 6% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future e ...

Key PointsShares have softened in recent weeks, but a recent upgrade should be enough to fuel a fresh rally.Last month's contract with the U.S. government will also go a long way to cementing Rocket Lab's prospects.A fresh price target of $8 points to further upside of at least $65 from current levels. 5 stocks we like better than Rocket Lab USARocket Lab USA Inc NASDAQ: RKLB is a stock that's struggled to properly get going in recent years despite multiple attempts. The launch service provider shot to prom ...

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 ...