On June 26, Rocket Lab USA rose 5.22% in regular trading, trading at $84.74/share, with turnover of $713 million. The stock was driven higher after NASA selected Rocket Lab to provide three Electron rocket launches for two separate science missions planned for early 2027.

Specifically, NASA awarded Rocket Lab contracts for the Polarized Submillimeter Ice-cloud Radiometer (PolSIR) mission, requiring two back-to-back launches to deploy CubeSats studying high-altitude ice clouds no earlier than June 2027, and the Total and Spectral Solar Irradiance Sensor-2 (TSIS-2) satellite mission. All flights will depart from Launch Complex 1 in New Zealand. The contract further solidifies Rocket Lab's position as a reliable small satellite launch provider for NASA, reinforcing its competitive edge in the dedicated small launch market segment.

Additionally, the company recently set an industry record by launching the US Space Force Victus Haze mission just 16 hours and 42 minutes after receiving the launch order, beating the previous record by over 10 hours. KeyBanc recently upgraded the stock to overweight with a $135 price target, citing the recent sector pullback as short-term technical pressure rather than fundamental deterioration.

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