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Investing.com -- Rocket Lab USA, Inc. (NASDAQ:RKLB) stock surged 11.7% following the successful launch of its 67th Electron rocket carrying satellites for radio frequency geospatial analytics provider HawkEye 360.
The mission, dubbed "Get The Hawk Outta Here," deployed four satellites to a 520 km circular low Earth orbit from Rocket Lab’s Launch Complex 1 in Mahia, New Zealand. The payload included a trio of microsatellites called Cluster 12 and an experimental satellite named Kestrel-0A.
This marked the second of three dedicated launches under a multi-launch contract with HawkEye 360, following their previous collaboration in 2023 when Rocket Lab deployed the company’s Cluster 5 satellites.
In a demonstration of the company’s rapid launch capabilities, Rocket Lab is scheduled to conduct its next mission, "Symphony In The Stars," less than 48 hours after this successful deployment. If executed as planned on Saturday, June 28th, it would represent the company’s fastest launch turnaround to date from the same launch site.
"Today’s launch for HawkEye 360 was another seamless ride to orbit for Electron, with four satellites deployed with absolute precision to support the growth of HawkEye 360’s constellation in low Earth orbit," said Rocket Lab founder and CEO, Sir Peter Beck.
The upcoming "Symphony In The Stars" mission will deploy a single spacecraft to a 650km circular Earth orbit for an undisclosed commercial customer. This will be Rocket Lab’s 68th Electron launch overall and its tenth mission this year from Launch Complex 1.
With the potential for over 20 launches in 2024, Rocket Lab continues to demonstrate strong demand for its Electron rocket among satellite operators across commercial, civil, and government sectors.
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