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Rocket Lab USA, Inc.

CIK: 18199941 Annual ReportsLatest: 2025-04-30

10-K / April 30, 2025

Company Summary: Rocket Lab USA, Inc.

Overview:
Rocket Lab USA, Inc. is a comprehensive space company that provides end-to-end space access and aerospace solutions. Its core focus is on enabling faster, easier, and more affordable access to space through various offerings.

Key Business Activities:

  • Launch Services: Delivers reliable orbital launch services using its launch vehicles.
  • Spacecraft Design & Manufacturing: Provides spacecraft design services and manufactures spacecraft components.
  • On-Orbit Management: Offers on-orbit management solutions for satellites and spacecraft.

Achievements & Growth (2024):

  • Revenue: $436.2 million, marking approximately 78% year-over-year growth.
  • Customer Base & Backlog:
    • Backlog increased from $1,046.1 million (end of 2023) to $1,067.0 million (end of 2024).
  • Product & Service Growth:
    • Organic space system products and services grew by $138.1 million.
    • Launch cadence improvements contributed $53.5 million in growth.

Customer & Employee Information:

  • Number of Shares Outstanding (as of April 25, 2025): 461,432,393 shares of common stock.
  • Employees: The specific number of employees is not provided in the document.
  • Major Customers: Not specified; the company emphasizes a broad customer base with significant backlog but does not mention precise customer counts.

Stock & Market Data:

  • Stock Symbol: RKLB traded on The Nasdaq Stock Market LLC.
  • Market Value (June 28, 2024): Approximately $1,732.3 million held by non-affiliates.
  • CEO Compensation (2024): Total annualized compensation for Peter Beck, the CEO, was approximately $20.1 million.

Corporate Details:

  • Headquarters: Long Beach, California (3881 McGowen Street, Zip code 90808).
  • Legal Structure: Delaware corporation with no subsidiaries listed in the filing.
  • Registrations: Common stock traded publicly; no other securities registered.

Additional Notes:
Rocket Lab has successfully developed the Electron launch vehicle, featuring advanced manufacturing techniques such as 3D-printed rocket engines, electric-pump-fed engines, and carbon composite fuel tanks. It developed a private orbital launch site in Mahia, New Zealand. The company emphasizes innovation, with recognition including knighthood for founder Peter Beck and awards for engineering excellence.