Compare to New Shepard (Blue Origin suborbital passenger vehicle): 1 km/s top speed, 100-120 km max altitude. Of course it also carries a payload of six passengers and (the rocket part) lands propulsively.

Compare to orbital rockets: (low earth) orbital velocity is 7.8 km/s, the ISS orbits at about 400 km, the lowest satellites are at about 200 km.