The Momentum Stock Rocket Lab USA (RKLB) is Experiencing High Demand for its Electron Rocket. The Second Quarter Brought Along Record Sales and 71% Growth.
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Rocket Lab USA (RKLB) is currently a momentum stock. It is an aerospace company that specializes in small rockets, in particular the Electron rocket, which transports small satellites into space. These satellites are used in areas such as earth observation, communications and scientific research. Growth through commercialization and demand for satellite launches Rocket Lab's growth is driven by the increasing commercialization of space travel and the demand for regular satellite launches and specialized rockets. The company competes with companies...
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