08:34 AM EDT, 03/12/2025 (MT Newswires) -- Rocket Lab USA ( RKLB ) shares were up premarket Wednesday after the company said it was selected by Airbus Constellation Satellites to supply high-efficiency, space-grade solar panels for 100 OneWeb low earth orbit satellites, which Eutelsat Group will use.

The company said it will supply 200 solar panels, including carbon composite substrates, solar cells, and photovoltaic assemblies for the satellites, delivering high-speed, low-latency global internet access to remote and underserved areas.

Rocket Lab USA ( RKLB ) said it will produce the panels at its 150,000-square-foot space solar facility in Albuquerque, New Mexico. The solar panels will provide about 80 kW of power for the large LEO constellation, enough to power 16 Hubble-sized space telescopes, it said.