Company coverage
Research snapshot 2026-08-31
Research activity
RKLB 181 trade records · 57 option records · 2025-01-06 → 2026-07-24Moat
Strong & WideningRocket Lab has evolved into a vertically integrated "full-stack space company" — one of only two Western companies (alongside SpaceX) that can offer launch, satellite manufacturing, and component supply under one roof. Electron is the most frequentl…
Physical assets
Strong & GrowingTwo operational Electron launch pads (New Zealand and Virginia), Launch Complex 3 at NASA Wallops for Neutron (opened August 2025), satellite manufacturing facilities, and the Archimedes engine production line. The company holds $1B in liquidity.
Software / hardware
Software10%
Hardware90%
Growth. Neutron medium-lift rocket debut unlocks the $10B+ constellation deployment market while vertical integration across launch, spacecraft, and components captures full mission economics. Primary assets. Electron rocket fleet, 2 NZ launch pads,…
- manual · sw-hw
Growth. Neutron medium-lift rocket debut unlocks the $10B+ constellation deployment market while vertical integration across launch, spacecraft, and components captures full mission economics. Primary assets. Electron rocket flee…
- manual · physical-assets
Two operational Electron launch pads (New Zealand and Virginia), Launch Complex 3 at NASA Wallops for Neutron (opened August 2025), satellite manufacturing facilities, and the Archimedes engine production line. The company holds…
- manual · moat
Rocket Lab has evolved into a vertically integrated "full-stack space company" — one of only two Western companies (alongside SpaceX) that can offer launch, satellite manufacturing, and component supply under one roof. Electron i…
| Date | Action | Type | Relative size |
|---|---|---|---|
| 2026-07-24 | BUY | Equity | +2% |
| 2026-07-24 | BUY | Equity | +4% |
| 2026-07-24 | BUY | Equity | +6% |
| 2026-07-23 | BUY | Equity | +5% |
| 2026-07-17 | BUY | Equity | +7% |
| 2026-07-16 | BUY | Equity | +11% |
| 2026-07-15 | BUY | Equity | +5% |
| 2026-07-15 | BUY | Equity | +18% |
| 2026-07-08 | BUY | Equity | +3% |
| 2026-07-08 | BUY | Equity | +6% |
| 2026-07-06 | BUY | Equity | +6% |
| 2026-07-06 | BUY | Equity | +6% |
| 2026-07-06 | BUY | Equity | +6% |
| 2026-07-06 | BUY | Equity | +7% |
| 2026-07-02 | BUY | Equity | +7% |
| 2026-07-02 | BUY | Equity | +10% |
| 2026-06-16 | BUY | Equity | +100% |
| 2026-06-05 | SELL | Equity | +11% |
| 2026-06-05 | SELL | Equity | +11% |
| 2026-05-27 | SELL | Equity | +33% |
| 2026-05-27 | SELL | Equity | +67% |
| 2026-05-27 | SELL | Equity | +0% |
| 2026-05-27 | SELL | Equity | +33% |
| 2026-05-21 | BUY | Equity | +67% |
Notes
Full portfolio moat / asset analysis
Rocket Lab has evolved into a vertically integrated "full-stack space company" — one of only two Western companies (alongside SpaceX) that can offer launch, satellite manufacturing, and component supply under one roof. Electron is the most frequently launched Western small-lift rocket, with 21 consecutive successes in 2025 (100% mission success rate).
Full portfolio moat / asset analysis
The "knowledge and trust" moat with government/defense customers is powerful: once a customer relies on Rocket Lab across launch, spacecraft, and payload, switching is costly and risky. The $816M SDA satellite contract validates this approach. Backlog stands at $1.1B, with 53% in space systems.
Open the working company page.
Authenticated sessions unlock the live watchlist controls, expanded market-data views, add-note workflow, and full internal timeline.