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

·1 min read
  • 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.

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