Welcome to the Green Stock News brief for Monday June 30th. Here are today's top headlines: Rocket Lab (NASDAQ: RKLB) has successfully launched its 68th Electron rocket from New Zealand, deploying a satellite for a commercial customer in a mission called “Symphony In The Stars.
Space and defense stocks have gone to the moon this market cycle (pun intended). Rocket Lab (RKLB -1.99%) is one of the great beneficiaries of this trend, as the rocket launch, space systems, and defense company has seen its stock soar close to 600% in the last 12 months, absolutely crushing the broad market indices.
Rocket Lab Corporation (RKLB) concluded the recent trading session at $35.38, signifying a -2.1% move from its prior day's close.
The positive news flow continues for aerospace and defense company Rocket Lab USA NASDAQ: RKLB. Previously, it was a significant analyst boost when Cantor Fitzgerald increased its price target for the space company.
RKLB accelerates its Electron launch for HawkEye 360, underscoring its agility in a fast-growing satellite market.
Rocket Lab USA (NASDAQ:RKLB) has experienced a remarkable surge in its stock price, climbing approximately 600% over the past twelve months. This impressive growth is largely due to the success of its recent rocket launches and the securing of new contracts, including those for its new Neutron rocket.
RKLB gains momentum with its HASTE system, landing key defense contracts as hypersonic demand surges globally.
RKLB launches its 66th Electron rocket, advancing a major iQPS deal and bolstering its role in satellite deployment.
RKLB rallies 66% in three months on back-to-back satellite launches, but valuation and debt raise caution for new buyers.
The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is creating tailwinds for earth exploration (EO) competitors AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB).
RKLB secures major launch deals and ramps up missions as soaring demand cements its role in commercial space services.
Rocket Lab USA, Inc. NASDAQ: RKLB has taken another significant step in its evolution from a launch provider to a vertically integrated space and defense company. The company recently announced a definitive agreement to acquire Geost, a developer of electro-optical and infrared (EO/IR) payloads for national security satellites.