Stock Track | Rocket Lab Soars 5% in Pre-Market on Multi-Launch Deal with iQPS

Stock Track

07/30

Rocket Lab USA, Inc. (RKLB) saw its shares surge 5.03% in pre-market trading on Thursday, following the announcement of a new multi-launch agreement.

The rally was triggered by the company signing a deal with the Institute for Q-shu Pioneers of Space (iQPS) for three dedicated missions on its Electron launch vehicle. The launches are scheduled to occur from Rocket Lab Launch Complex 1 starting in late 2027. This marks the third multi-launch booking on Electron by iQPS in less than a year, bringing the total number of launches booked by the customer to 18.

The continued partnership and expanding launch backlog with iQPS reinforced investor confidence in Rocket Lab's long-term growth trajectory in the dedicated small satellite launch market.

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