Blacksky Purchases Another 5 Electron Launches, Bringing The Total Number Of Rocket Lab Missions Contracted By The Commercial Satellite Constellation Operator To 11
Portfolio Pulse from Happy Mohamed
Rocket Lab USA, Inc (NASDAQ:RKLB) has signed another block buy deal for five Electron launches with BlackSky (NYSE:BSKY), a provider of real-time geospatial intelligence and global monitoring services. This brings the total number of Rocket Lab missions contracted by BlackSky to eleven. The launches are expected to begin in 2024 from Rocket Lab's Launch Complex 1 in New Zealand. BlackSky's next-generation Gen-3 satellites are designed to produce images with up to 35-centimeter resolution.
August 08, 2023 | 9:30 pm
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BlackSky has contracted more Electron launches with Rocket Lab, indicating its commitment to expanding its satellite capabilities. This could potentially enhance its product offerings and customer base.
BlackSky's additional contracts with Rocket Lab for Electron launches indicate its commitment to expanding its satellite capabilities. This could potentially enhance its product offerings and customer base, positively impacting its stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
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Rocket Lab has signed another deal with BlackSky for five Electron launches, bringing the total to eleven. This indicates a strong partnership and potential revenue growth for Rocket Lab.
The deal with BlackSky for additional launches indicates a strong partnership and potential for increased revenues for Rocket Lab. This could positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100