Rocket Lab is making advances in hypersonic technology, securing contracts and gaining access to defense programs.
From Zacks Investment Research: 2025-06-19 14:36:00
Rocket Lab USA (RKLB) is making strides in the hypersonic technology sector with its HASTE system, securing a full-scale hypersonic test flight contract and access to defense frameworks. The company’s shares have surged 467.2% in the past year, with improved earnings estimates and premium valuation metrics. Rocket Lab’s HASTE platform has been included in major U.S. and UK defense programs, highlighting the growing demand for hypersonic testing. Other companies like Lockheed Martin and RTX Corp. are also investing in advanced hypersonic technology development. RKLB’s stock is trading at a premium with positive earnings estimates for 2025 and 2026.
Read more at Zacks Investment Research: Is Increased Focus on Hypersonic Tech Opening New Doors for Rocket Lab? – June 19, 2025