Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Rocket Lab Stock Gains On NASA's CAPSTONE Mission Launch Preparations

  • Rocket Lab USA Inc (NASDAQ:RKLB) is preparing to launch a microwave oven-sized CubeSat dubbed CAPSTONE to a never-before-flown orbit around the Moon for NASA as soon as June 27th.
  • The launch will take place from Rocket Lab Launch Complex 1 on New Zealand’s Mahia Peninsula.
  • The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) CubeSat will be the first spacecraft to test the Near Rectilinear Halo Orbit (NRHO) around the Moon.
  • Also ReadWells Fargo Sees Notable Upside In Rocket Lab USA
  • This orbit is expected to be a gravitational sweet spot in space, where the pulls of gravity from Earth and the Moon interact to create a relatively stable orbit. NASA hopes to use this new efficient deep space route for future human spaceflight missions.
  • Price Action: RKLB shares are trading higher by 1.72% at $4.14 during the post-market session on Thursday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.