
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, the global space economy is expected to be worth $1.8 trillion by 2035.
Founded in 2006, Rocket Lab (RKLB) is emerging as a major player in the aerospace and space technology industry. Rocket Lab has established itself as a formidable competitor in this burgeoning market, thanks to its innovative approach to small satellite launches and an expanding portfolio of space systems solutions.