Rocket One Inc. focuses on developing and commercializing AI semiconductor infrastructure. It also develops AI chip and memory hardware engineered for orbital and high-radiation environments, including next generation nanomagnetic AI chip technology. It offers semiconductor infrastructure built around nanomagnetic, and spintronic computing technologies designed to address these constraints at the hardware level. It also offers non-volatile nanomagnetic matrix multiplier architecture for machine learning and AI acceleration and spintronic memory technology with potential applications across defense systems, autonomous platforms, resilient edge compute, and radiation-tolerant space computing. The company was formerly known as Hoth Therapeutics, Inc. and changed its name to Rocket One Inc. in May 2026. The company was incorporated in 2017 and is based in Hoboken, New Jersey.
Rocket One Signs Definitive Agreement to Acquire Revenue-Generating Tracer Drone Technologies, Accelerating AI and Counter-UAS Expansion Across Public Safety and Defense Markets
Rocket One (Nasdaq: RKTO) signed a definitive Membership Interest Purchase Agreement to acquire 100% of Tracer Drone Technologies, a New Jersey-based drone hardware, software, training and managed-services provider.
The deal, executed September 18, 2026, adds a revenue-generating commercial platform serving public safety, enterprise and first-responder markets, with closing subject to customary conditions.
Rocket One says Tracer creates a direct commercial channel for Swarm Stage AI and future AI-enabled autonomous, swarm-simulation and counter-UAS offerings; no deal value or purchase consideration was disclosed, with details to follow in SEC filings.