Rocket Lab Stock Jumps 7% on 20-Launch Agreement
Rocket Lab (RKLB) shares rose 7% after securing a 20-launch agreement with Japan's Synspective for its StriX synthetic aperture radar satellites. The missions will use Electron rockets and are scheduled between 2028 and 2031. Financial terms were not disclosed.
Shares of Rocket Lab (RKLB) rose 7% in Friday morning trading after the space company signed a 20-launch agreement with Japan's Synspective. The missions will send StriX synthetic aperture radar satellites on Electron rockets from 2028 through 2031. Rocket Lab did not disclose the financial terms.