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Rocket Lab has increasingly been in the news over mounting anticipation for the first launch of its upcoming Neutron rocket.
The partially reusable Neutron rocket is set to debut this year, but the company needs to get its hardware across the shallow waters first.
Rocket Lab's high-margin data networks and Neutron's potential $5.6B revenue could drive growth. Click here to read an analysis of RKLB stock now.
Rocket Lab launched an Electron rocket from New Zealand on June 26. The rocket carried a trio of radio frequency geolocation satellites and one experimental payload into a polar orbit.
An Electron rocket topped with a single spacecraft lifted off from Rocket Lab 's New Zealand site on Saturday at 3:08 a.m. EDT (0708 GMT; 7:08 p.m. local New Zealand time).
Rocket Lab USA Inc (NASDAQ:RKLB) shares are trading higher. The company on Wednesday announced the successful return of its Pioneer spacecraft for Varda Space Industries.
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