According to reports, private aerospace company Rocket Lab revealed they would be going public on NASDAQ.
Rocket Lab CEO Peter Beck issued a statement on the change, saying the company has merged with Vector Acquisition, a SPAC, to develop a larger launch vehicle as part of some of the deals to make space companies public. The deal is expected to be closed in the second quarter, and Rocket Lab will be available to trade on NASDAQ, with their ticker symbol being RKLB.
Beck spoke on the merger, saying, “This is just like a supercharger – we have all the things we need now to go and do the things that we’ve dreamed of.” Along with that, it was noted that Rocket Lab will be building the larger Neutron rocket within the necessary requirements to make the spacecraft capable of launching astronauts to the International Space Station. Stay tuned for more updates.
source: CNBC
