financetom
Business
financetom
/
Business
/
Rocket Lab Launches Fourth Mission For Japan's iQPS
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rocket Lab Launches Fourth Mission For Japan's iQPS
Jun 12, 2025 5:28 AM

Rocket Lab Corporation announced on Wednesday it has successfully completed a milestone launch for a recurring customer from Japan.

The California-based space company completed its 66th successful mission of its Electron rocket, delivering a synthetic aperture radar satellite into orbit for Institute for Q-shu Pioneers of Space, Inc. (iQPS).

This launch, dubbed “The Mountain God Guards,” occurred on June 11 at 15:31 UTC from Rocket Lab’s Launch Complex 1 in Mahia, New Zealand.

Also Read: This ‘Direct Beneficiary’ Of Trump-Musk Feud Rockets 500%+ In 1 Year – More Fuel Left?

This marked the fourth deployment Rocket Lab has executed for iQPS, underscoring its reliability and precision in supporting constellation development.

The newly launched satellite, QPS-SAR-11, nicknamed YAMATSUMI-I after the Japanese mountain deity, is now part of a growing network designed to deliver high-resolution Earth observation data.

With this latest deployment, Rocket Lab has now launched half of iQPS’s planned satellite fleet.

Notably, the company achieved two successful missions for iQPS within just 25 days, demonstrating its rapid turnaround capability in the small launch sector.

“The Electron team has delivered another flawless launch and satellite deployment for iQPS, for the second time in 25 days – an outstanding display of the reliability and agility that makes Electron the leader in dedicated small launch,” said Sir Peter Beck, Rocket Lab’s founder and CEO.

“We are truly pleased to see our satellites being placed into orbit one after another, marking significant progress toward building our satellite constellation,” said Dr. Shunsuke Onishi, CEO of iQPS.

He added that three more dedicated launches are on the schedule for later this year, with additional missions slated for 2026.

This mission was Rocket Lab’s eighth Electron mission of 2025 and its 66th launch overall. Another Electron launch is expected in the coming days from the same New Zealand facility.

Price Action: RKLB shares are trading lower by 2.19% to $26.76 at last check Thursday.

Read Next:

Boeing Dreamliner Carrying Over 200 Passengers Crashes Shortly After Takeoff Near India’s Ahmedabad: BA Stock Falls Over 7% In Thursday Pre-Market (UPDATED)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DTE Energy Names Joi Harris as CEO
DTE Energy Names Joi Harris as CEO
Jun 23, 2025
04:47 PM EDT, 06/23/2025 (MT Newswires) -- DTE Energy ( DTE ) said late Monday that President and Chief Operating Officer Joi Harris will be named president and chief executive on Sept. 8. Harris succeeds Chair and CEO Jerry Norcia, who will become executive chair of the board, the company said. ...
Update: Minaurum Gold Upsizes Private Placement to $8 Million to Advance Alamos Project in Mexico
Update: Minaurum Gold Upsizes Private Placement to $8 Million to Advance Alamos Project in Mexico
Jun 23, 2025
04:46 PM EDT, 06/23/2025 (MT Newswires) -- (Updates with increase in offer size.) Minaurum Gold ( MMRGF ) said Monday afternoon it upsized its previously disclosed private placement, aimed at advancing the Alamos silver project in Mexico. Minaurum now plans to raise up to $8 million through a best efforts private placement, up from its prior $5-million target announced earlier...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
M-tron Wins New $5.5 Million Contract to Support US Military Weapons Program, Shares Rising Late
M-tron Wins New $5.5 Million Contract to Support US Military Weapons Program, Shares Rising Late
Jun 23, 2025
04:45 PM EDT, 06/23/2025 (MT Newswires) -- M-tron Industries ( MPTI ) has been awarded a $5.5 million production contract from an unnamed US Department of Defense prime contractor to support a major weapons system, the electronic components manufacturer said late Monday. The contract includes several high-performance radio frequency components, including rugged crystal filters and lumped element filters, building on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved