XAR - What's Going On With Satellite Company Rocket Lab USA Stock Friday? | Benzinga
Rocket Lab USA, Inc (NASDAQ:RKLB) launched its 50th Electron mission, deploying satellites for French Internet-of-Things (IoT) company Kinéis. The stock is trading higher on Friday.
The mission was the first of five dedicated Electron launches for Kinéis, a company backed by private and public investors, including the French government’s space agency CNES (Centre National d’Études Spatiales) and CLS (Collecte Localisation Satellites), an international space-based solutions provider, to improve global IoT connectivity.
The Kinéis constellation aims to enhance global IoT connectivity ...