Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 5% in the morning session after the company announced a major expansion of its partnership with Japanese satellite operator Synspective, securing its largest-ever single-customer order for 10 additional dedicated launches.
This new agreement brought the total number of contracted missions for Synspective to 21. The deal followed a previous multi-launch contract from just months prior, in June 2024, highlighting a strong and growing business relationship. As the sole launch provider for all of Synspective’s satellites currently in space, Rocket Lab reinforced its Electron rocket’s leading position in the small satellite launch market. The launches were scheduled to take place from Rocket Lab’s complex in New Zealand through the end of the decade.
Is now the time to buy Rocket Lab? Access our full analysis report here, it’s free.
Rocket Lab’s shares are extremely volatile and have had 73 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 9 days ago when the stock gained 4.9% on the news that the company announced it delivered two spacecraft to NASA for the ESCAPADE mission to Mars. The twin spacecraft, named Blue and Gold, were delivered to Kennedy Space Flight Center. Rocket Lab completed the design, build, integration, and testing of the spacecraft in just three and a half years, a notably fast timeline for a Mars mission. This achievement highlighted the company’s ability to rapidly develop space technology, partly by manufacturing parts in-house. This capability aims to make space science more efficient and cost-effective, a factor that resonated positively with investors.
Rocket Lab is up 104% since the beginning of the year, and at $50.96 per share, it is trading close to its 52-week high of $54.04 from September 2025.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 5% in the morning session after the company announced a major expansion of its partnership with Japanese satellite operator Synspective, securing its largest-ever single-customer order for 10 additional dedicated launches.
This new agreement brought the total number of contracted missions for Synspective to 21. The deal followed a previous multi-launch contract from just months prior, in June 2024, highlighting a strong and growing business relationship. As the sole launch provider for all of Synspective’s satellites currently in space, Rocket Lab reinforced its Electron rocket’s leading position in the small satellite launch market. The launches were scheduled to take place from Rocket Lab’s complex in New Zealand through the end of the decade.
Is now the time to buy Rocket Lab? Access our full analysis report here, it’s free.
Rocket Lab’s shares are extremely volatile and have had 73 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 9 days ago when the stock gained 4.9% on the news that the company announced it delivered two spacecraft to NASA for the ESCAPADE mission to Mars. The twin spacecraft, named Blue and Gold, were delivered to Kennedy Space Flight Center. Rocket Lab completed the design, build, integration, and testing of the spacecraft in just three and a half years, a notably fast timeline for a Mars mission. This achievement highlighted the company’s ability to rapidly develop space technology, partly by manufacturing parts in-house. This capability aims to make space science more efficient and cost-effective, a factor that resonated positively with investors.
Rocket Lab is up 104% since the beginning of the year, and at $50.96 per share, it is trading close to its 52-week high of $54.04 from September 2025.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
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