Rocket Lab Corporation is a publicly traded aerospace manufacturer and launch service provider. Its Electron orbital rocket launches small satellites and has successfully completed over 75 missions as of January 2026, making it the most prolific small-lift launch vehicle in operation globally. A suborbital variant of Electron, called HASTE (Hypersonic Accelerator Suborbital Test Electron), was developed as a testbed to advance hypersonic technology development, while the next-generation reusable Neutron medium-lift launch vehicle is in development to support constellation deployment, interplanetary missions, and human spaceflight. The company is a supplier of satellite components such as star trackers, reaction wheels, solar panels, electric propulsion systems, software-defined radios, composite structures, separation systems, and electro-optical and infrared (EO/IR) sensors, as well as flight and ground software. The company also manufactures satellite buses and complete spacecraft as part of its strategic vision to become a vertically integrated, end-to-end space company. Rocket Lab was founded by Peter Beck in 2006 in New Zealand. In 2009, it became the first private company in the Southern Hemisphere to reach space with the successful launch of its Ātea-1 sounding rocket. In 2013 it setup headquarters in Huntington Beach, California, before later moving to Long Beach in 2020. After establishing its United States presence, the company raised venture capital for the development of its Electron orbital rocket, which reached space on its maiden flight in 2017, and orbit on its second flight in 2018. In 2020, the company launched its first self-built and designed satellite, "First Light", which is derived from Electron's kick stage. The company is a major spacecraft manufacturer, building and operating satellites for commercial constellation operators such as Globalstar, as well as government customers like the Space Development Agency. Rocket Lab has acquired seven companies: Sinclair Interplanetary in April 2020, Advanced Solutions, Inc. (ASI) in October 2021, Planetary Systems Corporation (PSC) in December 2021, SolAero Holdings, Inc. in January 2022, Geost, LLC in August 2025, Mynaric AG in April 2026, and Motiv Space Systems in May 2026. In August 2021, the company went public on the Nasdaq stock exchange through a special-purpose acquisition company (SPAC) merger. As of May 2025, the company had over 2,600 employees globally, with more than 700 based in New Zealand.
History
Origin (2006–2012) Rocket Lab was founded in June 2006 by Peter Beck in New Zealand, after a trip to the United States. During the trip, Beck realized the possibility and potential for a low-cost, small rocket. While contacting potential investors, he met Mark Rocket, who later became a seed investor and was co-director from 2007 to 2011. Other investors to the company included Stephen Tindall, Vinod Khosla, and the New Zealand Government. The company became the first private company in the Southern Hemisphere to reach space after launching its Ātea-1 sounding rocket in November 2009. The payload was not recovered, and the launch was deemed unsuccessful. The payload was a ballistic instrumentation dart and its trajectory depended only on the boost phase. The launch took place off the coast of New Zealand, from the private island (Great Mercury Island) of Michael Fay, a New Zealand banker and Rocket Lab investor. In December 2010, the company was awarded a U.S. government contract from the Operationally Responsive Space Office (ORS) to study a low-cost space launcher to place CubeSats into orbit. The agreement with NASA enabled the company to contract for limited NASA resources, including personnel, facilities, and equipment, for commercial launch efforts.
United States move (2013–2020)
Around 2013, the company moved to the United States and established its headquarters in Huntington Beach, California. The move coincided with funding from American sources, and was in part due to increased U.S. government involvement. The New Zealand company became a subsidiary of the American company. In 2020, Rocket Lab moved to Long Beach. The move was motivated by the need to accommodate the company's growing workforce and to be closer to suppliers and customers. The new facility includes a state-of-the-art production facility for manufacturing the company's Electron launch vehicle, as well as administrative offices and other support facilities. In 2013, funding was obtained from Khosla Ventures, and Callaghan Innovation (a Crown entity of New Zealand). Bessemer Venture Partners invested in 2014 and Lockheed Martin invested in 2015. Rocket Lab announced in March 2017 that it had raised an additional US$75 million in a Series D equity round led by Data Collective with participation by Promus Ventures and earlier investors. In May 2017, Callaghan Innovation funding was reported to total NZ$15 million. In November 2018, the company reported raising a $150 million Series E round led by Future Fund. The first NASA mission, launched in 2018, was valued by the space agency at $6.9 million (with launch services, etc., included). In 2018, Rocket Lab began to develop reusable first stage technology, after previously stating publicly that they had no intention of attempting to recover and reuse their launch vehicles. They disclosed the effort to study the potential recovery of an Electron first stage in August 2019, aiming to use a parachute and mid-air retrieval. In December 2019, they flight tested the reentry technology, a Rocket Lab proprietary aerothermal decelerator, on Electron flight number 10, and were able to decelerate the rocket and successfully bring it through the space to lower atmosphere transition. In November 2022, Rocket Lab cut the ribbon on an engine test facility for the Archimedes engine at NASA's Stennis Space Center. In March 2020, the company announced that it had acquired Sinclair Interplanetary, a Canadian manufacturer of components for small satellites. Rocket Lab said that it would use Sinclair technology on its Photon line of small satellite buses, and that it would help Sinclair increase production of small satellite components for sale to other firms. Thereafter, Rocket Lab launched missions with some or all of the payload being made by Sinclair Interplanetary.
Public company (2021–present)
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