Launch Agreements
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Rocket Lab on Track for 20% Weekly Gain Following String of Launch Agreements
Rocket Lab’s stock surged over 20% this week, driven by new launch agreements, including deals with JAXA, iQPS, and Synspective. The stock is up nearly 50% in two weeks and has almost tripled year-to-date. These contracts highlight Rocket Lab’s growing role as a trusted launch provider, particularly for Japanese entities. Short covering may also be contributing to the rise. The broader space sector is experiencing renewed investor interest, benefiting companies like Rocket Lab.