Latest news with #NeutronRocket
Yahoo
5 days ago
- Business
- Yahoo
Rocket Lab Fast-Tracks Electron Launch for HawkEye 360
Rocket Lab USA Corporation RKLB recently announced a rapid turnaround in its Electron launch schedule to accommodate the next mission for HawkEye 360, a geospatial analytics company. Scheduled to lift off no earlier than Thursday, June 26th UTC from Launch Complex 1 in New Zealand, the mission—titled 'Get The Hawk Outta Here'—will fly ahead of a previously planned launch that was postponed for additional adjustment highlights Rocket Lab's ability to deliver peak operational efficiency and flexibility amid a demanding, back-to-back launch schedule, thereby strengthening its footprint in the space launch services industry. In the modern era of space exploration, factors like rapid technological advancements, the growing demand for satellite deployment, increasing commercial space activities and rising investments in space infrastructure are fueling the growth of the space launch services must have prompted the Grand View Research firm to estimate that the global space launch services market will witness a compound annual growth rate of 15.6% during the 2024-2030 time robust market growth prospects are expected to benefit companies like Rocket Lab. With its advanced Electron rocket and expanding capabilities in small satellite launches, the company is well-positioned to leverage the booming demand for frequent and cost-effective capture further market shares, Rocket Lab is currently developing the Neutron rocket, designed for larger payloads and constellation deployments. This new product should further bolster RKLB's position in the market and fetch solid revenues. Other companies that are expected to enjoy the perks of the expanding global space launch services market have been discussed Grumman Corporation NOC: It provides launch vehicles and propulsion systems through its space systems division. The company's innovations in rocket technology and satellite deployment make it a significant beneficiary of the growing demand for space launch has a long-term (three to five years) earnings growth rate of 3.3%. The Zacks Consensus Estimate for NOC's 2025 sales indicates year-over-year growth of 2.8%.The Boeing Company BA and Lockheed Martin Corporation's LMT joint venture, United Launch Alliance ('ULA'), has been the United States' premier launch services provider since its establishment in 2006. The JV has successfully launched more than 150 Atlas and Delta rockets since has a long-term earnings growth rate of 18.1%, while that for Lockheed is pegged at 10.5%. The Zacks Consensus Estimate for BA and LMT's 2025 sales indicates year-over-year growth of 25.6% and 4.7%, respectively. Shares of RKLB have gained 603% in the past year compared with the industry's 46.6% growth. Image Source: Zacks Investment Research RKLB currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Rocket Lab Corporation (RKLB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
09-03-2025
- Business
- Yahoo
Rocket Lab unveils plan to land Neutron rockets at sea, 1st launch in 2025
When you buy through links on our articles, Future and its syndication partners may earn a commission. The private space company Rocket Lab is on track to launch the first of its new reusable Neutron Rocket in the second half of 2025 and will eventually land them at sea, the company revealed. Rocket Lab founder and CEO Peter Beck shared updates on Neutron during the company's Feb. 26 earnings call, saying its Neutron rocket will address the growing demand for launch services from defense, security, and science communities. "We're working hard to bring Neutron online with one of the fastest development schedules in history for a new rocket, because we know medium-lift launch opportunities are limited and space access is being stifled," Beck said in a statement. "Neutron's debut launch planned for later this year will help to ease that bottleneck." Additionally, Rocket Lab has unveiled a plan to modify an offshore barge, which they've named "Return on Investment." The modified barge will act as an ocean landing platform for returning Neutron missions. "Our new landing platform will open space access even further by enabling even more mission opportunities that require maximum Neutron performance," Beck said. Rocket Lab also introduced a new satellite product called "Flatellite," a flat satellite that the company says can be mass produced and tailored for large satellite constellations. The satellites' flat shape allows them to be stacked for a launch. Because the satellites can stack, Rocket Lab says this will maximize the number of satellites per launch, with a seamless integration with their Neutron Rocket. "The industry is hungry for versatile satellites that are affordable and built fast in high volumes," Beck said in a statement. "This is why we created Flatellite." Related Stories: — Rocket Lab launches new NASA solar sail tech to orbit (video, photos) — Rocket Lab launches private Earth-observing radar satellite to orbit (video, photos) — Rocket Lab launches 5 'Internet of Things' satellites to orbit (video) The founder called the new satellites, "a bold, strategic move toward completing the final step in Rocket Lab's ultimate vision of being a truly end-to-end space company, operating its own constellation and delivering services from space." Rocket Lab currently launches missions using their Electron, a two-stage launch vehicle for small satellites. Institute for Q-shu Pioneers of Space (iQPS), a Japanese satellite company, will use Electron for eight missions over 2025 and 2026. Rocket Lab announced the newest contract they inked with iQPS last week, as well. "Electron's high launch frequency and reliability make it an ideal choice for our mission," iQPS CEO Dr. Shunsuke Onishi said in a statement. "This contract brings us one step closer to building our satellite constellation over the next two years, and we remain fully committed to making this vision a reality." Rocket Lab says the next Electron mission for iQPS is scheduled as soon as this month.
