Rocket Lab announced the expansion of its space systems business with a dedicated production and development complex designed to deliver a comprehensive suite of advanced composite products for the space industry and to further vertically integrate supply for the Company’s internal needs across launch and space systems. To support its growing composite product line, Rocket Lab is establishing a Space Structures Complex in Middle River, Maryland, which will support the development and manufacture of carbon composite spacecraft buses, structural panels and assemblies, satellite dispensers, aerostructures and heat shields, composite overwrap pressure vessels, solar panel substrates, launch vehicle structures and more. The site will also play a role in the development and long-term supply of carbon composite structures for Rocket Lab’s new medium lift launch vehicle, Neutron.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RKLB:
- Rocket Lab (NASDAQ:RKLB): What Lies Ahead for this Penny Stock?
- Rocket Lab price target lowered to $7 from $10 at Roth MKM
- Rocket Lab sees Q4 revenue $65M-$69M, consensus $85.22M
- Rocket Lab reports Q3 EPS (8c), consensus (9c)
- Microsoft upgraded, F5 Networks downgraded: Wall Street’s top analyst calls
