An electronic rocket launches the baby Come back mission of New Zealand on July 17, 2023.
Rocket
Rocket The stock skyrocketed almost 11% on Monday, relying on a strong race supplied by space innovation.
The actions of The Space Infrastructure Company have almost doubled in the past two months after a series of successful launches and an agreement with the European Union.
The action increased by 63% over a year after increasing almost six times in 2024. Actions soaring almost 70% in the last month.
Last month, Rocket Lab announced a partnership with the European Space Agency to launch satellites for constellation navigation before December.
Rocket Lab also announced the successful launch of its 66th, 67th and 68th electronic rockets in June. The company successfully deployed two rockets from the same site in 48 hours.
Rocket Lab competes with an increasing list of companies in an increasingly competitive and increasingly competitive space industry with growing demand. Some of the main competitors in the sector include SpaceX and Firefly Aerospace by Elon Musk, who deposited his prospectus to become public on Friday.
“For Electron, our small rocket, we have noticed increased demand in the past two years and we are not only launching unique spacecrafts – these are generally whole constellations for customers,” said CEO Peter Beck last month.
He said that the company produced a rocket every 15 days.
Beck, a New Zealand native, founded the company in 2006. Since its beginnings on the NASDAQ in August 2021 thanks to a merger with a special acquisition company, the market value of the company based in Long Beach, California, increased to more than $ 19 billion.
