Why Rocket Lab USA Stock Just Jumped 7%
Rocket Lab USA(RKLB) The Motley Fool·2024-06-12 22:57
Rocket Lab stock is enjoying a growth spurt, and investors are cheering. 50 rockets for Rocket Lab Dubbed the "No Time Toulouse" mission, it will see Rocket Lab launch five Internet-of-Things (IoT) satellites for French company Kinéis. The mission is scheduled to lift off in just one week, on or about June 19. The least interesting of these is that Rocket Lab signed a "preliminary memorandum of terms" with the Commerce Department yesterday, which could see the company awarded up to $23.9 million in direct f ...