Stock Track | Rocket Lab (RKLB) Soars 5.06% on Supporting Firefly's Blue Ghost Lunar Mission

Stock Track01-24 04:15

Rocket Lab USA, Inc. (RKLB) saw its stock soar 5.06% in the intraday session on Thursday, driven by the company's involvement in Firefly Aerospace's ambitious Blue Ghost Mission 1 to the Moon.

As part of NASA's Commercial Lunar Payload Services program, Rocket Lab is providing critical software and hardware solutions to support Firefly's lunar lander throughout its 45-day journey to the lunar surface. This includes Rocket Lab's MAX Flight and MAX Ground Data Software suites, as well as high-efficiency photovoltaic assemblies that will provide power to the lander during the cruise and landing phases.

Rocket Lab's team will also assist with orbit determination, attitude control, and multiple burns during the mission, showcasing the company's capabilities in enabling complex lunar exploration endeavors. This development highlights Rocket Lab's expanding role in the growing commercial lunar market, as it continues to leverage its expertise in launch services and space systems.

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