Hoth Therapeutics, Inc. has officially changed its corporate name to Rocket One Inc. The company will begin trading on the Nasdaq Capital Market under the new ticker symbol RKTO on May 28, 2026. This rebranding follows a strategic shift to focus on the orbital economy.
Rocket One is developing next-generation nanomagnetic AI chip technology for space and defense applications. The company secured exclusive licenses from Virginia Commonwealth University for a nanomagnetic matrix multiplier and magnetic memory technology. These systems provide ultra-low-power, radiation-tolerant computing for harsh space environments.
The technology addresses power and radiation constraints that currently limit satellite computing capabilities. Rocket One will continue to develop its existing biotechnology programs through a wholly owned subsidiary. This move establishes the company as an infrastructure provider for the growing commercial and defense space industries.