Update: Rocket Lab Shares Rise After Securing 20-Launch Synspective Deal

02:19 PM EDT, 10/01/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Rocket Lab (RKLB) shares rose 1.2% in Thursday trading after the company said Wednesday it secured a multi-year agreement for its Electron rocket to carry out 20 launches for Japanese satellite company Synspective. Financial terms of the deal, which marks the largest commercial launch contract for Electron, were not disclosed. The 20 launches, deploying StriX synthetic aperture radar satellites, are scheduled to take place annually from 2028 through 2031, the company said. Price: 70.51, Change: +0.83, Percent Change: +1.19