After the Hypersonic Test Contract, Needham Expects Rocket Lab as a Disruptive Company to Achieve an Additional 30% Share Price Increase.

On April 23, Rocket Lab (RKLB;i) was commissioned by Kratos Defense to conduct a complete hypersonic test flight as part of the US defense program MACH-TB 2.0. This is part of a program with a total value of $1.45 billion aimed at accelerating the development and testing of new hypersonic technologies. Rocket Lab is using the specially developed HASTE rocket for this purpose – a suborbital variant of the Electron, capable of carrying payloads at speeds exceeding 7.5 km/s. The launch is scheduled for the first quarter of 2026 and will take place...