Rocket Lab Corporation has introduced Gauss, an in-house electric Hall thruster system built on a high-volume line capable of producing more than 200 satellite propulsion units a year. The company is pairing the new propulsion platform with repeat multi-launch contracts, including an expanded Electron deal with iQPS, as it pushes to become a vertically integrated provider of launch and space systems.
The move matters because Rocket Lab is no longer pitching itself only as a launch company. It is trying to sell more of the stack, from spacecraft hardware to propulsion, and the company’s own narrative says that strategy could lift revenue to $1.3 billion and earnings to $113.4 million by 2028. That outlook has fed interest in rklb stock, with a forecast fair value of $89.88, described as 22% above the current price.
Some analysts are even more optimistic, already assuming revenue could reach about US$2.0 billion and earnings could rise to US$300.0 million. Those numbers help explain why Rocket Lab’s latest announcements are being read as more than a product launch: they are part of a broader effort to show investors the business can scale beyond one-off missions and into recurring systems sales.
Still, the path is not clean. Neutron development, cash burn and the risk of dilution remain the central issues for shareholders, and those concerns sit beside the growth story rather than behind it. Gauss strengthens the case that Rocket Lab is building a wider space systems platform, but the stock will likely keep moving on whether the company can turn that platform into durable revenue without straining the balance sheet.
For investors, the next test is whether Rocket Lab can keep converting these contracts and new products into a business that looks as strong on execution as it does on paper.
