Rocket Lab (RKLB) Shares Rise After Company Announced Another Multi-Launch Agreement with IQPS Last Night

(Long Beach, California) Rocket Lab USA, Inc. (NASDAQ: RKLB) announced last night (Oct. 7) that it had signed another multi-launch deal with the Institute for Q-shu Pioneers of Space, Inc. (iQPS) – making Rocket Lab the primary launch provider to deploy the company’s commercial Earth-imaging constellation; RKLB shares are up 6.88% at $65.74 as of 11.25am ET.

Photo of Rocket Lab’s Electron rocket courtesy of Rocket Lab USA.

Per last night’s press release from Rocket Lab, the multi-launch contract includes three dedicated Electron missions that will launch no earlier than 2026 from Rocket Lab Launch Complex 1 in New Zealand; with four dedicated missions already booked by iQPS on Electron, these three additional missions bring the total number of upcoming launches for iQPS to seven.

Each dedicated launch will deploy a single synthetic aperture radar (SAR) satellite from a Rocket Lab Motorized Lightband separation system – demonstrating Rocket Lab’s vertical integration across launch and space systems that improves reliability and streamlines the launch process for its customers, per Rocket Lab.

Rocket Lab has increased its production and launch cadence to meet the demand for 20+ launches in 2025 in response to continued growth in international orders for Electron’s responsive launch service, according to the company.

Rocket Lab has already launched four missions for iQPS thus far in 2025; it’s next launch for iQPS is scheduled to take place from November 2025.

“We’re proud to be expanding our partnership with iQPS to deliver their QPS-SAR satellites to orbit,” said Rocket Lab founder and CEO Sir Peter Beck. says: “By choosing both Electron and our separation systems to deploy their satellites, iQPS takes advantage of a highly-integrated launch service that maximizes reliability and streamlines operations for faster access to space to grow their constellation. It’s a privilege to continue to deliver this for iQPS across our missions to date and the ones to come.”

iQPS CEO Dr. Shunsuke Onishi, said: “In 2025, we successfully deployed four satellites, QPS-SAR-9 through QPS-SAR-12, into their planned orbits aboard Electron. This outcome was exactly as we had anticipated, and it further reaffirmed our confidence in the rocket’s reliability. We are very pleased to have now signed an additional contract for the launch of three more satellites on Electron. This agreement marks an important step toward the realization of our QPS-SAR constellation. We will continue to make steady progress with unwavering dedication to achieving this goal.”

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