16 December 2025
Rocket Lab USA, Inc.
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.
