NASA selects Rocket Lab to launch Sun, Earth Sciences missions

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Rocket Lab ( RKLB ) announced on Thursday that it has been selected by NASA to provide three Electron launches for two separate NASA missions — PolSIR and TSIS-2— from early next year. Shares of Rocket Lab jumped 5% during extended trading hours on

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Rocket Lab(RKLB) has won contracts from NASA for three Electron launches for the two science missions PolSIR and TSIS-2, to be launched starting early next year. Following the announcement, RKLB shares rose 5% after the close. NASA's awarding of science missions helps validate the reliability of small launch vehicles and improves business stability, expanding demand for launch services. The industry may see positive spillovers in securing launch slots and expanded supply chains, but competing firms are expected to face pressure from a short-term reduction in contract opportunities.

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