Rocket Lab's Trading Volume Drops 32.53% to 5.82 Billion, Ranks 158th Despite Successful Satellite Launch

Volume AlertsWednesday, Jun 11, 2025 7:36 pm ET
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On June 11, 2025, Rocket Lab's trading volume reached 5.82 billion, a 32.53% decrease from the previous day, ranking 158th in the day's stock market. Rocket Lab (RKLB) shares rose by 0.70%.

Rocket Lab successfully launched its 66th Electron rocket on June 11, 2025, deploying a synthetic aperture radar (SAR) imaging satellite named QPS-SAR-11 for the Institute for Q-shu Pioneers of Space, Inc. (iQPS). This mission, dubbed "The Mountain God Guards," lifted off from Rocket Lab Launch Complex 1 in Mahia, New Zealand, and placed the satellite into a 575km circular Earth orbit. This launch marks Rocket Lab's second mission for iQPS in less than a month and its fourth overall, with a 100% mission success rate.

With this mission, Rocket Lab has deployed half of iQPS’s constellation of satellites. The successful launch of QPS-SAR-11, nicknamed YAMATSUMI-I, follows previous missions such as "The Moon God Awakens," "The Lightning God Reigns," and "The Sea God Sees." Rocket Lab is scheduled to launch four more dedicated missions with QPS-SAR satellites this year and in 2026, solidifying its role as the primary launch provider for iQPS's constellation development.

Rocket Lab Founder and CEO, Sir Peter Beck, highlighted the reliability and agility of the Electron rocket, noting the rapid turnaround and precise orbital deployment achieved for the iQPS mission. iQPS CEO, Dr. Shunsuke Onishi, expressed gratitude to Rocket Lab for the smooth deployment of QPS-SAR-11, emphasizing the significance of this achievement in building their satellite constellation. With three more launches planned for this year, iQPS aims to continue advancing the development and production of their satellites in collaboration with Rocket Lab.