Rocket Lab Shares Blast Off After New US Government Satellite Launch Contract
Rocket Lab USA(RKLB) Investopedia·2023-12-22 16:40
Key TakeawaysRocket Lab USA shares skyrocketed after it received a U.S. government contract worth as much as $515 million.The deal calls for the satellite launch firm to design, build, deliver, and operate 18 space vehicles.Last week, Rocket Lab launched its 42nd rocket and 10th this year to deliver a Japanese company's Earth-imaging satellite.Shares of Rocket Lab USA (RKLB) blasted off after the satellite launch company said it had received a U.S. government contract worth up to $515 million.In a regulator ...