Rocket Lab Creates Defense-Focused Unit Catering To National Security

In this article:
  • Rocket Lab USA, Inc (NASDAQ: RKLB) formed a U.S.-based subsidiary to serve the defense and intelligence community.

  • Rocket Lab National Security LLC (RLNS) will deliver reliable launch services and space systems capabilities to the U.S. government and its allies.

  • Since the company's first launch of the Electron rocket in 2017, Rocket Lab has conducted multiple successful launches for national security customers, including missions for the National Reconnaissance Office (NRO), U.S. Space Force, and Defense Advanced Research Projects Agency (DARPA).

  • Also Read: Rocket Lab Prepares To Launch Its 31st Electron Rocket

  • Rocket Lab Space Systems technology has also featured in hundreds of commercial and government satellites serving the national security market.

  • In November, NASA selected Rocket Lab to launch the TROPICS mission.

  • The TROPICS constellation targets the formation and evolution of tropical cyclones, including hurricanes.

  • TROPICS will provide rapidly updating observations of storm intensity to help scientists better understand the processes that impact storms.

  • Price Action: RKLB shares closed higher by 0.72% at $4.22 on Thursday.

  • Photo Via Company

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement