Rocket Lab Wins Another Launch Contract From Japan’s iQPS
Analysts expect Rocket Lab revenue to rise more than 50% this year as its Neutron rocket and Iridium deal expand the company’s market.
- On Thursday, Rocket Lab Corporation announced a multi-launch deal with the Institute for Q-shu Pioneers of Space for three new dedicated launches on the Electron rocket, marking the third booking by iQPS in less than one year.
- As the primary launch provider for iQPS, Rocket Lab has achieved 100% mission success since 2023, deploying QPS-SAR satellites to 575km low Earth orbit for the company's Earth-imaging constellation.
- While the Electron rocket handles small-lift missions with over 260 satellites deployed across 91 launches, the company expects its reusable Neutron medium-lift rocket to begin regular flights late this year or early next year.
- Despite the operational progress, Rocket Lab shares remain down more than 50% from their late-May peak, though analysts maintain a consensus price target of $116.24, representing an 85% increase above current levels.
- The company also intends to expand capabilities through acquisition of Iridium Communications, helping customers build higher-functioning satellites as the satellite communications market is projected to grow to over $260 billion by 2034.
13 Articles
13 Articles
Rocket Lab wins another launch contract from Japan’s iQPS
Rocket Lab has won another contract from Japanese radar imaging company iQPS for multiple launches of its Electron rocket. The post Rocket Lab wins another launch contract from Japan’s iQPS appeared first on SpaceNews.
Rocket Lab (NASDAQ: RKLB) Stock Price Rallies On New Multi-Launch Contract Win With iQPS
Rocket Lab (NASDAQ: RKLB) shares jumped sharply on Thursday, recovering from a significant sell-off the previous session with gains of 8.3% as of 2:25 p.m. ET. At its peak during the session, the space company’s stock climbed as much as 9.7%, outpacing the broader market by a considerable margin on the day, as reported by iBusiness.News. The S&P 500 rose 1.4% during the same trading window, while the Nasdaq Composite advanced 2.6%, reflecting a …
The Toronto Star
Rocket Lab Secures Multi-Launch Deal with iQPS for Three Dedicated Missions
LONG BEACH, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today announced that a multi-launch deal has
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