Rocket Lab USA, Inc. Files 2024 10-K

Ticker: RKLB · Form: 10-K · Filed: 2025-02-27T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, aerospace, financials

TL;DR

Rocket Lab filed its 2024 10-K. All systems go for fiscal year review.

AI Summary

Rocket Lab USA, Inc. filed its 2024 10-K on February 27, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Vector Acquisition Corp, is incorporated in Delaware and operates in the Guided Missiles & Space Vehicles sector. Key financial data and operational details for the period are presented in this comprehensive filing.

Why It Matters

This filing provides investors and analysts with a detailed overview of Rocket Lab's financial performance and strategic positioning for the fiscal year 2024, crucial for understanding the company's trajectory in the space industry.

Risk Assessment

Risk Level: medium — As a company in the aerospace sector, Rocket Lab faces inherent risks related to technological development, launch success, and government contracts.

Key Players & Entities

Rocket Lab USA, Inc. (company) — Filer
Vector Acquisition Corp (company) — Former Company Name
2024-12-31 (date) — Fiscal Year End
20250227 (date) — Filing Date
001-39560 (other) — SEC File Number

FAQ

What was Rocket Lab's primary business activity during the fiscal year 2024?

Rocket Lab USA, Inc. operates in the Guided Missiles & Space Vehicles & Parts sector, as indicated by its SIC code [3760].

When did Rocket Lab USA, Inc. officially change its name from Vector Acquisition Corp?

The date of the name change from Vector Acquisition Corp to Rocket Lab USA, Inc. was August 3, 2020.

What is the SEC file number for Rocket Lab USA, Inc.'s filings?

The SEC file number for Rocket Lab USA, Inc. is 001-39560.

In which state was Rocket Lab USA, Inc. incorporated?

Rocket Lab USA, Inc. was incorporated in Delaware (DE).

What is the filing date of this 10-K report for Rocket Lab USA, Inc.?

This 10-K report was filed on February 27, 2025.

From the Filing

0001628280-25-008724.txt : 20250227 0001628280-25-008724.hdr.sgml : 20250227 20250227164400 ACCESSION NUMBER: 0001628280-25-008724 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 135 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250227 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rocket Lab USA, Inc. CENTRAL INDEX KEY: 0001819994 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39560 FILM NUMBER: 25679975 BUSINESS ADDRESS: STREET 1: 3881 MCGOWEN STREET CITY: LONG BEACH STATE: CA ZIP: 90808 BUSINESS PHONE: 714-465-5737 MAIL ADDRESS: STREET 1: 3881 MCGOWEN STREET CITY: LONG BEACH STATE: CA ZIP: 90808 FORMER COMPANY: FORMER CONFORMED NAME: Vector Acquisition Corp DATE OF NAME CHANGE: 20200803 10-K 1 rklb-20241231.htm 10-K rklb-20241231 0001819994 2024 false FY 383 292 293 http://fasb.org/us-gaap/2024#LesseeOperatingLeaseRemainingLeaseTerm P1Y http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure rklb:segment rklb:agreement rklb:quarterlyPayment rklb:helicopter rklb:day rklb:advance rklb:period rklb:dedicatedLaunch rklb:votingRight rklb:boardOfDirector 0001819994 2024-01-01 2024-12-31 0001819994 2024-06-30 0001819994 2025-02-21 0001819994 2024-10-01 2024-12-31 0001819994 rklb:AdamSpiceMember 2024-10-01 2024-12-31 0001819994 rklb:AdamSpiceMember 2024-12-31 0001819994 rklb:FrankKleinMember 2024-10-01 2024-12-31 0001819994 rklb:FrankKleinMember 2024-12-31 0001819994 rklb:ArjunKampaniMember 2024-10-01 2024-12-31 0001819994 rklb:ArjunKampaniMember 2024-12-31 0001819994 2024-12-31 0001819994 2023-12-31 0001819994 us-gaap:ProductMember 2024-01-01 2024-12-31 0001819994 us-gaap:ProductMember 2023-01-01 2023-12-31 0001819994 us-gaap:ProductMember 2022-01-01 2022-12-31 0001819994 us-gaap:ServiceMember 2024-01-01 2024-12-31 0001819994 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001819994 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001819994 2023-01-01 2023-12-31 0001819994 2022-01-01 2022-12-31 0001819994 us-gaap:CommonStockMember 2021-12-31 0001819994 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001819994 us-gaap:RetainedEarningsMember 2021-12-31 0001819994 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001819994 2021-12-31 0001819994 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001819994 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001819994 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001819994 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001819994 us-gaap:CommonStockMember 2022-12-31 0001819994 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001819994 us-gaap:RetainedEarningsMember 2022-12-31 0001819994 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001819994 2022-12-31 0001819994 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001819994 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001819994 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001819994 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001819994 us-gaap:CommonStockMember 2023-12-31 0001819994 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001819994 us-gaap:RetainedEarningsMember 2023-12-31 0001819994 us-gaap:AccumulatedOth