Rocket Lab successfully launched its 94th Electron rocket, deploying Synspective's StriX satellite for Earth observation from New Zealand.
Quiver AI Summary
Rocket Lab Corporation successfully launched its 94th Electron rocket on September 3, 2026, from Launch Complex 1 in New Zealand, specifically for the ‘Owl Around The World’ mission, deploying the StriX satellite for Synspective into a 575km low Earth orbit. This mission contributes to Synspective's synthetic aperture radar imaging constellation, enhancing its capabilities for Earth observation and ground monitoring. The launch marked Rocket Lab's 15th mission of 2026 and continued their flawless track record with Synspective, which has utilized Rocket Lab as its sole launch provider for its satellite constellation since 2020, with 16 more launches scheduled before 2030. The Electron rocket's fairing was custom-built to fit the satellite's dimensions, showcasing Rocket Lab's dedicated service to its longstanding partnership with Synspective.
Potential Positives
- Successful launch of the 94th Electron rocket, demonstrating Rocket Lab's strong operational capability and experience in launch services.
- Maintained a 100% mission success record for all Synspective launches, reinforcing reliability and building trust with clients.
- Custom fairing specifically designed for the StriX satellite highlights Rocket Lab's commitment to tailored solutions for customers.
- Expansion of partnership with Synspective, with 16 more missions booked to support the deployment of their satellite constellation, ensuring ongoing revenue and collaboration.
Potential Negatives
- Forward-looking statements may raise concerns about the company's ability to meet future expectations and the associated risks, indicating potential uncertainty in operational performance.
FAQ
What is the purpose of Rocket Lab's latest mission?
The mission successfully deployed the StriX satellite for Synspective, enhancing their Earth-imaging capabilities.
How many Electron rockets has Rocket Lab launched?
This mission marked Rocket Lab's 94th launch of the Electron rocket.
What is the launch date and time for the Owl Around The World mission?
The mission launched on September 3, 2026, at 12:01 am NZST.
What are the future plans for Synspective with Rocket Lab?
Rocket Lab has 16 more missions scheduled to deploy Synspective’s constellation by 2030.
What distinguishes the Electron rocket for this mission?
A custom fairing was designed specifically for the StriX satellite's dimensions, showcasing Rocket Lab's tailored service.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RKLB Insider Trading Activity
$RKLB insiders have traded $RKLB stock on the open market 106 times in the past 6 months. Of those trades, 0 have been purchases and 106 have been sales.
Here’s a breakdown of recent trading of $RKLB stock by insiders over the last 6 months:
- PETER BECK (CEO) has made 0 purchases and 24 sales selling 3,275,779 shares for an estimated $286,410,195.
- ARJUN KAMPANI (SVP & General Counsel) has made 0 purchases and 27 sales selling 247,971 shares for an estimated $29,905,820.
- ALEXANDER R SLUSKY has made 0 purchases and 7 sales selling 200,000 shares for an estimated $25,715,726.
- FRANK KLEIN (Chief Operations Officer) has made 0 purchases and 25 sales selling 199,268 shares for an estimated $19,958,073.
- ADAM C. SPICE (Chief Financial Officer) has made 0 purchases and 9 sales selling 72,421 shares for an estimated $9,619,421.
- MARVIN BRADFORD CLEVENGER (President, Rocket Lab USA, Inc) has made 0 purchases and 10 sales selling 34,100 shares for an estimated $3,778,202.
- MERLINE SAINTIL sold 18,126 shares for an estimated $1,360,171
- AGOSTINO RICUPATI (VP Corp Controller & CAO) has made 0 purchases and 3 sales selling 669 shares for an estimated $46,581.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RKLB Revenue
$RKLB had revenues of $234.1M in Q2 2026. This is an increase of 61.99% from the same period in the prior year.
You can track RKLB financials on Quiver Quantitative's RKLB stock page.
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$RKLB Hedge Fund Activity
We have seen 787 institutional investors add shares of $RKLB stock to their portfolio, and 365 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 14,745,237 shares (+409.8%) to their portfolio in Q2 2026, for an estimated $1,498,853,341
- JPMORGAN CHASE & CO added 13,805,113 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,403,289,736
- BAILLIE GIFFORD & CO removed 7,466,934 shares (-41.8%) from their portfolio in Q2 2026, for an estimated $759,013,841
- CAPITAL INTERNATIONAL INVESTORS removed 6,694,910 shares (-99.9%) from their portfolio in Q2 2026, for an estimated $680,537,601
- D. E. SHAW & CO., INC. removed 5,541,183 shares (-83.4%) from their portfolio in Q2 2026, for an estimated $563,261,251
- DEFIANCE ETFS, LLC removed 5,055,612 shares (-89.9%) from their portfolio in Q2 2026, for an estimated $513,902,959
- GOLDMAN SACHS GROUP INC added 3,003,173 shares (+117.5%) to their portfolio in Q2 2026, for an estimated $305,272,535
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$RKLB Price Targets
Multiple analysts have issued price targets for $RKLB recently. We have seen 13 analysts offer price targets for $RKLB in the last 6 months, with a median target of $120.0.
Here are some recent targets:
- Ryan Koontz from Needham set a target price of $120.0 on 06/30/2026
- Trevor Walsh from Citizens set a target price of $130.0 on 06/30/2026
- Suji Desilva from Roth Capital set a target price of $130.0 on 06/30/2026
- Jeff Van Rhee from Craig-Hallum set a target price of $120.0 on 06/30/2026
- Ronald Epstein from B of A Securities set a target price of $115.0 on 06/30/2026
- Andres Sheppard from Cantor Fitzgerald set a target price of $96.0 on 06/30/2026
- Michael Leshock from Keybanc set a target price of $135.0 on 06/15/2026
Full Release
MAHIA, New Zealand, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today successfully launched its 94 th Electron rocket to deploy the latest Earth-imaging satellite to space for Synspective.
The ‘Owl Around The World’ mission launched from Rocket Lab Launch Complex 1 in New Zealand at 12:01 am NZST on September 3, 2026. Electron successfully deployed the StriX satellite to a 575km low Earth orbit, further building out Synspective’s synthetic aperture radar (SAR) imaging constellation and expanding the company’s capabilities for advanced ground monitoring and Earth observation.
Mission Highlights:
- Strong Launch Cadence: This mission marked Rocket Lab’s 94th overall Electron launch and 15th launch of 2026. Electron remains the world’s most frequently launched small-lift orbital rocket
- Flawless Launch for Synspective: Today’s flawless delivery of the latest StriX satellite to space continues Rocket Lab’s 100% mission success record across all Synspective launches.
- Custom Fairing: A specially-configured Electron fairing was built to match the exact dimensions of the StriX satellite: a highlight of Rocket Lab’s dedicated mission service for its long-time partnership with Synspective.
- More Missions: Rocket Lab has been the sole launch provider for Synspective's constellation since 2020, with another 16 missions booked on Electron to deliver the rest of their constellation to orbit before 2030.
‘Owl Around The World’ launch images: click here
‘Owl Around The World’ launch broadcast: click here
Rocket Lab Media Contact
Murielle Baker
[email protected]
About Rocket Lab
Rocket Lab (Nasdaq: RKLB) is an end-to-end space company delivering rockets, satellites, and spacecraft components for commercial, government, and defense missions. Driven by its industry-leading small-lift rockets Electron and HASTE and its upcoming reusable Neutron medium-lift rocket, Rocket Lab delivers reliable and responsive launch for the world’s most important missions from constellation deployment to missile defense. Rocket Lab’s satellites and components have powered more than 1,700 missions in Earth orbit, as well as deep-space exploration of the Moon, Mars, and beyond. Learn more at www.rocketlabcorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://investors.rocketlabcorp.com which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3f5cb14-5cb0-4894-8559-c441e72935dd