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Rocket Lab launches 99th Electron mission, deploying a new Earth-imaging satellite for iQPS.

Market News
02 Nov 2026, 20:22 WIB
GlobeNewsWire
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Bullish
Rocket Lab launches 99th Electron mission, deploying a new Earth-imaging satellite for iQPS.

Rocket Lab successfully launched its 99th Electron rocket mission, deploying the WADATSUMI-II synthetic aperture radar satellite for the Institute for Q-shu Pioneers of Space (iQPS). This launch from New Zealand places the satellite into a 575km low Earth orbit optimized for Asia-Pacific imaging, enhancing iQPS's rapid constellation deployment and real-time Earth observation capabilities. It marks Rocket Lab's 20th mission in 2026 and strengthens its partnership with iQPS, with eight more launches planned to complete the SAR constellation by 2030. This milestone confirms Electron as the most frequently launched commercial small rocket globally.

Rocket Lab's stock (RKLB) is trading at USD 52.63 on Pluang as of Nov 03, 2026 01:31 WIB, showing a 1-day decline of 3.84%. The company holds a market cap of $34.99 billion, reflecting its significant presence in the industrials sector. Trading volume remains active at over 16.6 million shares, with a balanced order activity of 53% buy and 47% sell on Pluang.

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