Rocket Lab Just Shattered This Space Force Record: Does That Make The Stock a Buy?
The underdog rocket maker just achieved its fastest turnaround.
Overview
On June 22, Rocket Lab (NASDAQ: RKLB) launched its Victus Haze mission just 16 hours and 42 minutes after receiving the U.S. Space Force's Notice to Launch. That beat its previous record by over ten hours and marked its fastest turnaround ever.
Once in orbit, it fully activated the spacecraft in 37 hours and 36 minutes, easily beating the Space Force's 72-hour deadline. SpaceX (NASDAQ: SPCX), which handled the other half of the Victus Haze mission, doesn't execute any short-notice "scramble" missions like Rocket Lab.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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