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Rocket Lab wins $266M contract for 12 suborbital launches; shares rise after hours

· · 1 min read
WiMi Hologram Cloud develops intelligence system based on human-computer collaboration
Rocket Lab wins $266M contract for 12 suborbital launches; shares rise after hours

Rocket Lab (RKLB) secured a $266M firm-fixed-price contract for 12 suborbital launches for the U.S. government, with an option for six additional launches. Launches will take place from the Pacific Spaceport Complex in Alaska, while the work is expected to be completed by Dec. 31, 2028. About $112M in FY2025 research, development, test, and evaluat...

  • Rocket Lab (RKLB) secured a $266M firm-fixed-price contract for 12 suborbital launches for the U.S. government, with an option for six additional launches.
  • Launches will take place from the Pacific Spaceport Complex in Alaska, while the work is expected to be completed by Dec. 31, 2028.
  • About $112M in FY2025 research, development, test, and evaluation funds was obligated at the time of the award.
  • The Space Systems Command is the contracting agency.
  • On the market side, the stock surged over ~6% higher at ~$73.45 in the after-hours trading session.
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