Rocket Lab (RKLB) Soars 10.45% Ahead of New Mission Launch

We recently published 10 Firms Stealing the Spotlight; 4 Are Climbing to Record Highs. Rocket Lab Corp. (NASDAQ:RKLB) is one of the best performers on Thursday.

Rocket Lab extended its winning streak to a 4th straight day on Thursday, jumping 10.45 percent to finish at $63.53 apiece as investors took heart from an upcoming launch this weekend.

In an update on its social media account, Rocket Lab Corp. (NASDAQ:RKLB) said that it is set to launch a new Electron mission called “RAISE and Shine” at 10 PM EST on Saturday, December 13, for its customer, Japan Aerospace Exploration Agency (JAXA).

The RAISE and Shine mission marks the first of two launches for JAXA, and is intended to deploy its rapid innovative payload demonstration satellite-4 (RAISE-4) spacecraft, a single satellite that will demonstrate eight technologies developed by private companies, universities, and research institutions throughout Japan.

The launch was originally scheduled on Friday, December 12 EST, but was rescheduled due to strong ground winds at Launch Complex 1 in New Zealand.

Meanwhile, the second launch for JAXA is scheduled to take place in the first quarter of 2026.

Rocket Lab (RKLB) Soars 10.45% Ahead of New Mission Launch

Also last Wednesday, Rocket Lab Corp. (NASDAQ:RKLB) scrapped a plan to launch an Electron rocket for the Korea Advanced Institute of Science and Technology (KAIST) due to a sensor issue. The company has yet to announce the new schedule for the launch.

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