Rocket Lab USA is trading 7.2% up at $62.55 after announcing a new three-launch contract with Japan’s Earth-imaging company iQPS for dedicated missions using its Electron rocket.
- The deal represents the third multi-launch agreement between the two companies, further strengthening Rocket Lab’s commercial backlog.
- The contract serves as a primary catalyst for the stock’s rebound following a period of volatility, supported by a broadly positive trend in the U.S. market.