Rocket Lab USA Inc is an aerospace manufacturer and small satellite launch service provider that specializes in providing cost-effective and agile solutions for delivering payloads to space
The company designs and builds rockets, notably the Electron launch vehicle, which is tailored for launching small satellites into orbit. Rocket Lab also offers various satellite solutions and services, facilitating a range of applications, from scientific research to commercial telecommunications. With a focus on innovation and efficiency, Rocket Lab aims to expand access to space for a diverse array of customers, including government agencies and private enterprises.
President Trump's recent inauguration remarks about space exploration has heightened industry enthusiasm and highlighted potential growth opportunities.
Rocket Lab USA shares trade higher Tuesday following President Donald Trump's inaugural address on Monday, where he vowed to prioritize space exploration and promised to send astronauts to Mars.
