Depends on how you define the damage. If the chipped edge is a damaged knife for you, then yes it will get damaged. If what you meant as damage is the broken blade, no then the task you are talking about will not break your knife unless you try to baton through a thick armoured underground electrical cable.
I had some site experience as an electrical engineer and used my S30V knife on my leatherman to strip some thin electrical cable and after some use, I started to get microchips. Not because of the wire itself, but mostly you need to strip the cable by putting it on a stable surface, so most of the damage to the knife is sourced from unintentional contact between the edge and supporting material (mostly concrete). But this did not bother me much as I could sharpen it easily, which I do not think is the case for a Rockstead.
I understand your enthusiasm of wanting to use your expensive knives, we are all like you, trying to cut something with our precious knives whenever we find a chance, but there is a saying, right tool for the job. And the Rockstead is not the right tool for cable stripping. You might consider getting yourself a good quality multi-tool, such as Leatherman Charge TTi. In my experience, my Charge TTi proved to be the most useful thing I can have on me on site. It saved my life on a couple of occasions where I got locked up in a cable storage warehouse at 45 degrees celsius where the door handle was broken from inside. I used the pliers to get a hold of the lock mechanism to rotate it and open the door. These were the times when mobile phones were not as popular as it is now and nobody knew that I went to the warehouse to load the truck with cables and I was alone. I am not saying I would be dead if I did not have my multitool, but I will certainly have some unpleasant time in a hot warehouse without any water.