Rocket Lab Strengthens Ties With Japan: Should You Buy The Stock?

Key Takeaways Rocket Lab signed new contracts with JAXA, iQPS and Synspective, deepening its presence in Japan.The company's shares have soared 558.1% in a year, far outpacing the broader aerospace sector.Rising expenses and a 40.00X P/S ratio pose risks despite strong growth and launch milestones.Rocket Lab USA, Inc. (RKLB) recently expanded its presence in Japan by signing a contract with the Japan Aerospace Exploration Agency (JAXA) for two dedicated Electron missions. The company has also secured new mu ...