It follows the departure of Alan Keane, who stepped down earlier this week for family reasons.
Rockets chairman Gary Johnson has started the search for the respected coach's successor.
A club statement said: "The role is ideal for an ambitious coach who wants the opportunity to develop and progress their coaching career, having already served as head coach or assistant coach of an academy (or similar) team and of a Division 1 or 2 NBL team (or similar).
🗣Club Announcement— Reading Rockets Basketball Club (@rocketsreading) June 7, 2021
It is with great disappointment that Head Coach Alan Keane will be leaving the Rockets.
We would like to say a massive thank you to Alan for all his work over the years! He will be missed🚀
Full Story here: https://t.co/8dJd2SaULR#ThankYouAlan
"Rockets are looking for an experienced coach with excellent basketball knowledge, combined with enthusiasm and strong interpersonal and leadership skills."
As well as leading the Rockets' NBL1 team, the role will include being head coach of the Basketball Academy at the John Madejski Academy, developing the 16-19-year-old male players in the EABL and other competitions.