Rocket Lab USA

RKLB

Rocket Lab, Inc. is a publicly traded aerospace manufacturer and launch service provider that operates and launches lightweight Electron orbital rockets, that provide dedicated launches for small satellites. The company plans to build a larger Neutron rocket as early as 2024. Electron rockets have launched 33 times from either Rocket Lab's Launch Complex 1 in New Zealand and at the Mid-Atlantic Regional Spaceport in Wallops Island, Virginia, United States.Two attempts have been made to recover an Electron booster by helicopter. In addition, four attempts have been made at soft water recovery. As of 2022, the company is developing the bigger Neutron reusable unibody rocket; Photon satellite buses, and rocket engines: Rutherford, Curie, HyperCurie, and Archimedes.The company was founded in New Zealand in 2006. By 2009, the successful launch of Ātea-1 made Rocket Lab the first private company in the Southern Hemisphere to reach space. The company established headquarters in California, US in 2013 and developed the expendable Electron rocket. The first launch of the rocket took place in May 2017. In August 2021, the company became a public company, listed on the Nasdaq stock exchange through a SPAC merger.

Rocket Lab USA has been a target of short sellers for a while. The current short interest of 7.58% is roughly at the average of the last 12 months (6.44%).