The Volcanic Repeating Arms Company was an American company formed in 1855 by partners Horace Smith and Daniel B. Wesson to develop Walter Hunt's Rocket Ball ammunition and lever action mechanism. Volcanic made an improved version of the Rocket Ball ammunition, and a carbine and pistol version of the lever action gun to fire it. While the Volcanic Repeating Arms Company was short-lived, its descendants, Winchester Repeating Arms Company and Smith & Wesson became major firearms manufactures.

Daniel Baird Wesson was an American inventor and firearms designer. He helped develop several influential firearm designs over the course of his life; he and Horace Smith were the co-founders of two companies named "Smith & Wesson", the first of which was eventually reorganized into the Winchester Repeating Arms Company and the latter of which became the modern Smith & Wesson.