Huge News for Rocket Lab Investors

Rocket Lab USA (NASDAQ: RKLB) is going to Mars. I mean that literally: The company just announced the completion of two spacecraft bound for the planet in the Escapade mission for the National Aeronautics and Space Administration (NASA) and the University of California.

The mission is scheduled for launch in October and will study plasma and electric fields around the planet. Exciting stuff.

For Rocket Lab's business, this mission will hopefully prove its capabilities as a custom spacecraft supplier as it works to become a vertically integrated spaceflight company. With this news and other successful rocket launches with its small Electron rocket this summer, Rocket Lab stock has shot up 30% in the past month as investors get excited about its potential growth.

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Source Fool.com