double_m
1 week ago
Rocket Lab Selected by NASA to Provide Neutron Launch Services Under VADR Launch Contract
January 09 2025 - 4:30PM
Business Wire
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced a mutual agreement with NASA has been reached to include Neutron launch services to the agency through Rocket Lab’s existing VADR (Venture-Class Acquisition of Dedicated and Rideshare) contract.
Rocket Lab’s new medium-lift reusable rocket Neutron allows the opportunity for Rocket Lab to continue broadening access to space to deliver multiple missions across a range of orbits, including CubeSats, Class D missions, and other payloads. With its small orbital launch vehicle Electron already on-ramped for NASA’s VADR missions, Rocket Lab has previously demonstrated time-sensitive back-to-back launches within two weeks for the VADR PREFIRE missions and completed a similar fast turnaround of two launches in May 2023 for the VADR TROPICS missions.
https://ih.advfn.com/stock-market/NASDAQ/rocket-lab-usa-RKLB/stock-news/95224984/rocket-lab-selected-by-nasa-to-provide-neutron-lau
WebSlinger
2 weeks ago
Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher Monday following the announcement that the company will play a key role in Kratos Defense & Security Solutions (NASDAQ:KTOS) $1.45 billion MACH-TB 2.0 contract.
What To Know: Kratos, a defense technology company, on Monday secured a five-year contract for Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0, a project designed to enhance the U.S. hypersonic flight testing infrastructure.
The initiative, established under the Office of the Under Secretary of Defense for Research and Engineering’s National Hypersonic Initiative 2.0, aims to bridge the gap between ground testing and full-scale hypersonic system testing, reducing risks and accelerating development.
Kratos will lead Task Area 1 of the MACH-TB 2.0 project, focusing on systems engineering, integration and testing. Rocket Lab will provide air launch services as part of a larger team that includes Leidos, Stratolaunch and other subcontractors. This effort will support the increased frequency of hypersonic flight tests needed for national security objectives.
Kratos’ leadership emphasized the importance of the program in advancing affordable hypersonic technologies and highlighted the contract as the largest in the company’s history. The MACH-TB 2.0 program is expected to be a significant driver of future growth for Kratos, which also cited its existing hypersonic capabilities as a key factor in securing the contract.
"With the recent successes of our low-cost Erinyes Hypersonic Flyer and Zeus Solid Rocket Motors, Kratos is a leader in the testing and fielding of hypersonic systems. We are very excited to bring this unmatched expertise to the MACH-TB 2.0 program,” said Dave Carter, President of Kratos Defense and Rocket Support Services Division.
Rocket Lab shares are up nearly 200% over the past three months. The company reported better-than-expected financial results in mid-November and announced a multi-launch agreement with a confidential customer.
Rocket Lab guided for fourth-quarter revenue in the range of $125 million to $135 million. Rocket Lab is expected to report fourth-quarter earnings in February. Analysts currently expect the company to report a loss of 10 cents per share on revenue of $130.57 million, according to estimates from Benzinga Pro.
anesthesia doc
1 month ago
Good article:
https://pro.thestreet.com/trade-ideas/why-id-bend-the-rules-on-rocket-lab
Why I'd Bend the Rules on Rocket Lab
Here's my revised plan for this old 'Stocks Under $10' favorite.
Stephen GuilfoyleDec 10, 2024 10:15 AM EST
“ What Now?
You know I hate violating my net basis, but with this one, I see no choice if I want to grow the position. Our net basis stands at $5.05, which even after the drawdown puts us up almost 350%.
Readers will see that RKLB broke sharply out of that Andrews' Pitchfork model that I showed you last month. Relative Strength no longer stands in technically overbought territory. It's early, but the stock could be setting up what may end up being a bearish head and shoulders pattern. On top of that, below the chart, readers will see a now bearish looking daily Moving Average Convergence Divergence indicator.
Within that daily MACD, the histogram of the 9-day exponential moving average has gone negative, while the 12-day EMA has crossed under the 26-day EMA. We may get a chance to add to this long position lower or make a sale up here if that's what you're thinking. I am thinking of adding in between that 21-day EMA (currently $21.30) and the 50-day simple moving average (currently $15.10).
I don't think I need to even act unless the stock falls to those levels. I'll still panic (intentionally and planned, so it's not really a panic) if that 50-day line breaks. My Target price? Currently $33, and that's predicated on a new high being created that launches an algorithmic response. More than likely, the time is here to manage this position.”
double_m
1 month ago
Rocket Lab stock slips following insider selling
By Keith Noonan – Dec 8, 2024 at 9:15PM
Rocket Lab kicked off this past week's trading with a round of big selloffs following insider selling disclosures with the SEC. The company submitted filings on Nov. 27 that showed four company insiders had sold shares in the week of the filing. On Nov. 25, Chief Operating Officer Frank Klein, Chief Financial Officer Adam Spice, and General Counsel Arjun Kampani sold 35,968 shares, 62,511 shares, and 28,562 shares, respectively. The next day, board Director Merline Saintil sold 50,000 shares.
Rocket Lab then made additional filings with the SEC showing additional insider stock sales and purchases this week. On Dec. 2, board Director Alexander Slusky sold 50,000 shares. He then sold an additional 50,000 shares the following day.
On the other hand, CEO Peter Beck actually acquired 789,373 shares on Dec. 3. But the filings with the SEC suggest that the company stock Beck acquired was not purchased on the open market and instead received through stock options or bonus grants.
https://www.fool.com/investing/2024/12/08/why-rocket-lab-stock-sank-this-week/
WebSlinger
1 month ago
Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher on Friday.
The firm has announced the upcoming “Owl The Way Up” mission, set to launch on December 18th, 2024, from its Launch Complex 1 in Mahia, New Zealand.
This mission will deploy the latest satellite in Synspective’s growing Earth observation constellation.
The StriX satellite, designed to monitor millimetre-level changes to Earth’s surface using synthetic aperture radar (SAR), will be the sixth of 16 launches planned on Rocket Lab’s Electron rocket for the Japanese Earth observation company.
The partnership between Rocket Lab and Synspective began in 2020 and has flourished, with Rocket Lab serving as Synspective’s exclusive launch provider.
By flying dedicated missions instead of ridesharing, Rocket Lab allows Synspective to have greater control over their launch schedule and mission parameters, offering a unique level of flexibility for small satellite operators.
Rocket Lab’s founder and CEO, Sir Peter Beck, highlighted the strong relationship with Synspective, emphasizing their shared vision of enabling persistent monitoring of the planet.
“We’re looking forward to placing another StriX satellite in orbit and supporting Synspective’s vision to enable persistent monitoring of our planet to support disaster relief, agricultural development, maritime domain awareness and much more,” Beck said.
2024 has been a remarkable year for Rocket Lab, with 14 launches so far, surpassing its previous annual record of 10 missions in 2023.
According to Benzinga Pro, RKLB stock has gained over 428% in the past year. Investors can gain exposure to the stock via SPDR S&P Kensho Final Frontiers ETF (NYSE:ROKT).