On August 17, Rocket Lab USA, Inc. rose 4.52% in regular trading, trading at $84.08/share, with turnover of $193 million. The rally was driven by two significant contract milestones announced the same day.

Viasat announced it has selected Rocket Lab to build a geostationary orbit satellite for the U.S. Space Force's Protected Tactical SATCOM-Global program. The satellite will feature maneuverability and anti-jam capabilities, serving national security missions. Separately, Rocket Lab confirmed that eight satellite platforms it built for MDA Space under a $143 million contract successfully reached orbit following an August 15 launch from Cape Canaveral, with all satellites operating nominally and generating power. These are the first batch of 17 platforms being delivered under that contract.

The developments reinforce Rocket Lab's positioning as an end-to-end space services provider. The company recently secured a $397 million U.S. Space Force contract for Flatellites, reported record Q2 revenue of $234.1 million (up 62% YoY), and guided Q3 revenue of $250-265 million above consensus.

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