Rocket Lab USA, Inc. shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed a new multi-launch agreement with the Institute for Q-shu Pioneers of Space, Inc. (iQPS).

The deal includes three dedicated Electron missions scheduled to lift off from Launch Complex 1 in New Zealand beginning in 2026.

Each mission will carry a synthetic aperture radar (SAR) satellite using Rocket Lab’s Motorized Lightband separation system.

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The deal solidifies its role as the primary launch provider for iQPS’s commercial earth-imaging satellite constellation.

This brings iQPS’s total upcoming launches with Rocket Lab ( RKLB ) to seven. The next iQPS mission is scheduled to launch in November.

Rocket Lab ( RKLB ) founder and CEO, Sir Peter Beck, stated, “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.”

Notably, with increased demand, Rocket Lab ( RKLB ) has ramped up production and launch frequency to support 20 or more missions in 2025.

The company has already completed four launches for iQPS this year, including two within a four-week span between May and June.

This week, Rocket Lab ( RKLB ) announced a launch window for its next mission with Synspective, a Japanese satellite data and analytics firm.

The mission, named Owl New World, will launch from the company’s New Zealand facility during a window opening on October 14.

Investors can gain exposure to the stock via ARK Space Exploration & Innovation ETF and SPDR S&P Kensho Final Frontiers ETF ( ROKT ) .

Price Action: RKLB shares were trading higher by 7.27% to $65.99 premarket at last check Wednesday.

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