RKLB achieves an impressive milestone by completing two successful rocket launch missions in less than 24 hours.

The rise of the space economy has resulted in unprecedented demand for satellite launches, thanks to private sector involvement, artificial intelligence (AI), and renewed government focus. According to McKinsey & Company,

Over the past year, space technology provider Rocket Lab (RKLB) has skyrocketed beyond expectations, with shares soaring 357% to a market

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Rocket Lab's flagship rocket is the Electron, which is the second-most-used orbital rocket in the U.S., behind SpaceX's Falcon launch vehicle. Last year, SpaceX dominated the market, making 98 launches, or 90% of the launches from U.S.-based companies.

The company said that the launches set a new Rocket Lab record for the fastest launch turnaround. At 10:55 p.m. Eastern, Rocket Lab’s “Ice AIS Baby” mission successfully lau

Rocket Lab successfully launched its 56th Electron mission, deploying five satellites for Kinéis' IoT constellation.