If you are speaking about the 7z format, at this time I believe the answer is no; I have found or heard nothing from either inside or outside of Rocket.
If ZIP, then
@Tatiana Balaburkina's answer is correct. There's also the
InfoZIP package which is also open source. InfoZip was the first port of a ZIP utility to many non-distributed systems, including then-OS/390 and VMS. I would be careful with some of the 7zip options for maximum compression and directory word sizes; I don't know how unzip, gzip, etc., handles outlier settings.