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0.00%Rocket Lab is a space company that has become one of the most prominent challengers to SpaceX in the launch industry. Founded in 2006 by Peter Beck, it made its name with the Electron, a small orbital rocket designed to carry small satellites to space frequently and affordably, becoming one of the most active launch providers after SpaceX. Rocket Lab has expanded beyond launch into building satellites, spacecraft components and complete space systems for commercial and government customers, a space-systems business that now contributes a large share of its revenue. It is developing a larger, partly reusable rocket called Neutron aimed at bigger payloads and at competing more directly for larger launch contracts. As demand grows for satellites, defense space capabilities and orbital infrastructure, Rocket Lab is watched as a leading pure-play in the commercial space sector, with a stock whose value hinges heavily on executing its Neutron and satellite ambitions.
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