#rocket-lab

Why Rocket Lab Stock Was Cruising Higher This Week

Key PointsThe first was an analyst's positive update about the company's prospects.

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Rocket Lab, a small-satellite launch company in the business of reusable rockets, managed to pluck a dummy rocket slowed by a parachute using a helicopter with special grappling hooks. Read more…

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Rocket Lab said the Humanity Star was supposed to be a “reminder to all on Earth about our fragile place in the universe”, and the company’s chief executive and founder, Peter Beck, said the sphere would “create a shared experience for everyone on the planet”. But many astrophysicists disagree. Richard Easther from the University of Auckland told the Guardian that Rocket Lab may have unintentionally hit on a particularly sore point for his profession. Light pollution is already a serious concern for scientists whose focus is on the stars, and the introduction of a glinting disco ball in space has not been widely welcomed.