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Rocket Lab Stock Surges on Launch Milestone and Semiconductor Expansion
Rocket Lab Stock Surges on Launch Milestone and Semiconductor Expansion
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BTCCSquare news:
Rocket Lab USA (RKLB) shares jumped 6.4% Monday after completing its 70th Electron mission and securing a $23.9 million U.S. government grant to expand semiconductor production. The space launch specialist has now executed 12 missions in 2025 alone, primarily supporting low Earth orbit satellite deployments.
The CHIPS Act-funded expansion solidifies Rocket Lab's dual role as both launch provider and satellite components manufacturer. Year-to-date gains exceed 85% as investors reward the company's vertical integration strategy in the burgeoning small satellite market.
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