Rocket Lab Inks Its Biggest Satellite Launch Contract Ever
Rocket Lab USA(RKLB) The Motley Fool·2024-06-17 22:15
The news around Rocket Lab USA (RKLB -3.42%) just keeps getting better and better. Abracadabra, Rocket Lab just made back $50 million of the $80 million it spent to buy SolAero, courtesy of U.S. taxpayers -- and even that wasn't the biggest news for Rocket Lab this month. On June 7, Rocket Lab announced it had won a contract to launch five rockets for French Internet of Things (IoT) company Kineis. Each of these rockets will in turn carry five Kineis satellites. So by the time this contract is complete, Roc ...