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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Christopher ZaraMon, December 22, 2025 at 2:08 PM GMT+1 2 min readShares in Rocket Lab Corp were heading for their second day of gains on Monday after the aerospace manufacturer was named as one of four companies that will build tracking satellites for the U.S. Space Development Agency (SDA).Most Read from Fast CompanyTrump keeps investing millions of government money in one essential industry (and it’s not AI chips)Home prices are falling in these 98 housing marketsCostco’s newest membership perk isn’t impressing its customersThe stock (Nasdaq: RKLB) was up more than 4% in premarket trading on Monday as of this writing. That’s in addition to a jump of 17% on Friday when the news was announced. Share are now trading at record highs.The SDA, a unit of the United States Space Force, said on Friday that it awarded four companies with contracts to build 72 satellites—or 18 apiece—with the aim of expanding missile tracking and defense systems. The total value of the award is $3.5 billion.In addition to Rocket Lab, the SDA also named Lockheed Martin, Northrop Grumman, and L3Harris Technologies. The constellation of satellites is expected to launch in 2029.Long Beach California-based Rocket Lab has been gaining more attention recently for its Electron orbital rocket, which is lighter than the heavier vehicles manufactured by rivals SpaceX and Blue Origin.As Fast Company previously reported, the Electron’s lightweight nature gives it an edge in certain complex missions where precision and speed are prioritized.After going public during the ill-fated SPAC craze of 2021, Rocket Lab stock struggled to rise above $10 a share. It limped along for well over three years.But the stock has really broken out this year as excitement has grown around satellite buildouts and Rocket Lab executed successful launches for companies like Kinéis, a French operator of internet-of-things satellites.For its third-quarter financial results released last month, Rocket Lab reported record revenue of $155 million and said it had secured a record 17 Electron launch contracts.The company reported a net loss of $18.3 million for the second quarter, much narrower than the $52 million net loss it reported a year earlier.As of Friday, Rocket Lab’s stock was up more than 182% year to date and was trading at $70.52 a share.This post originally appeared at fastcompany.comSubscribe to get the Fast Company newsletter: http://fastcompany.com/newslettersTerms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,958.00 -3.00 (-0.04%)Dow Futures48,741.00 -21.00 (-0.04%)Nasdaq Futures25,817.00 +4.75 (+0.02%)Russell 2000 Futures2,558.10 -1.00 (-0.04%)VIX14.00 -0.08 (-0.57%)Gold4,542.70 +37.00 (+0.82%)Trending tickersBTC-USD Bitcoin USD 87,603.99 -1,125.74 (-1.27%)MRNA Moderna, Inc. 32.29 -2.61 (-7.48%)NVDA NVIDIA Corporation 189.21 +5.52 (+3.01%)ETH-USD Ethereum USD 2,974.50 -52.10 (-1.72%)PATH UiPath Inc. 15.96 -0.74 (-4.43%)PortfolioSign in to access your portfolioSign inTop gainersPSNYW Polestar Automotive Holding UK PLC 6.40 +1.10 (+20.75%)RGC Regencell Bioscience Holdings Limited 25.25 +3.16 (+14.31%)GPCR Structure Therapeutics Inc. 71.29 +8.04 (+12.71%)HYMC Hycroft Mining Holding Corporation 27.14 +2.62 (+10.69%)LION Lionsgate Studios Corp. 8.98 +0.62 (+7.42%)Top losersBLLN BillionToOne, Inc. 87.08 -9.22 (-9.57%)QBTS D-Wave Quantum Inc. 29.12 -3.07 (-9.54%)FLY Firefly Aerospace Inc. 26.46 -2.14 (-7.48%)MRNA Moderna, Inc. 32.29 -2.61 (-7.48%)EOSE Eos Energy Enterprises, Inc. 11.96 -0.93 (-7.21%)Most activeNVDA NVIDIA Corporation 189.21 +5.52 (+3.01%)PLUG Plug Power Inc. 2.0500 -0.0600 (-2.84%)AAL American Airlines Group Inc. 15.60 -0.66 (-4.06%)NVO Novo Nordisk A/S 51.61 +3.51 (+7.30%)ONDS Ondas Holdings Inc. 8.96 -0.31 (-3.34%)Top economic eventsEarnings eventsMy earnings eventsEarnings events