Rocket Lab achieves 97th rocket launch success and pursues Iridium acquisition
RKLB Rocket Lab Corp
$65.71 -3.67%
View chart & analysis → - 1Rocket Lab recorded its 94th success with its 97th rocket launch on September 25.
- 2Iridium shareholders overwhelmingly approved Rocket Lab's $8 billion acquisition on September 24.
- 3Rocket Lab launch service revenue is projected to increase by 30%, suggesting a jump from 21 launches last year to 27 this year.
So what's the key point?
Rocket Lab successfully launched a rocket and decided to acquire Iridium. Launch service revenue is expected to increase by 30 percent.
Source The Motley Fool +1 · View original ↗
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