Shares of Rocket Lab USA, Inc. (NASDAQ:RKLB) surged 5.13% in pre-market trading on Wednesday, following the successful completion of its 15th mission of 2025. The launch, dubbed "Owl New World," marked a significant milestone for the company and its expanding partnerships in the space industry.
The mission, which took place on October 14, involved the deployment of the seventh StriX satellite for Synspective, a Japanese company specializing in Synthetic Aperture Radar (SAR) satellite data and analytics. This launch is part of an expanded partnership between Rocket Lab and Synspective, with 21 planned launches in total. The collaboration, which began in December 2020, has now resulted in seven successful Electron launches for Synspective, solidifying Rocket Lab's position as a critical partner in building commercial satellite constellations.
Rocket Lab's CEO, Sir Peter Beck, expressed satisfaction with the mission's success, stating, "Another Electron launch for Synspective with 100% mission success, and a fantastic start to an exciting run of upcoming launches to deploy their constellation." The company is now on track to surpass its 2024 record of 16 annual launches, targeting more than 20 missions by the end of 2025. Additionally, Rocket Lab recently announced a new agreement with the Japan Aerospace Exploration Agency (JAXA) for two dedicated Electron rocket launches, further expanding its client base and launch schedule.