Rocket Lab Shares Jump On Selection For NASA Launch

October 7, 2021 5:47 AM | 1 min read | Make a Comment

Launch services and space systems provider Rocket Lab USA Inc RKLB will launch NASA's Advanced Composite Solar Sail System, or ACS3, on the Electron launch vehicle.
The Electron rocket will deploy a satellite designed for solar sail propulsion systems, allowing sunlight to power future deep space exploration.
ACS3 will launch as part of a rideshare mission scheduled for lift-off in mid-2022.
"It seems fitting to launch NASA's Advanced Composite Solar Sail System on Electron, the world's first full-carbon composite orbital launch vehicle, Rocket Lab CEO Peter Beck said.
Price Action: RKLB shares traded higher by 9.29% at $15.30 in the premarket session on the last check Thursday.

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