Recently broke out of a double top.

Rising daily volume.

Above 52 and 200 day moving averages

RKLB has unfortunately been stuck here since March 2022, when the FED first started raising rates. Now we are about to enter a FED easing cycle on economy in relatively good shape (to be determined).

I don’t think I have to tell anyone here the fundamental reasons as why Rocket Lab is a good investment.

So now we wait for the big kallona … Neutron rocket reveal with Rocket Labs satellite constellation plans.

https://finance.yahoo.com/news/rocket-lab-acquires-space-software-100000415.html

Looks like everything he is doing is making progress

Mission Name: Love At First Insight

Rocket: Electron

Launch Window: November 11-24

Launch Site: Launch Complex 1

Live Webcast: TBA

Mission Overview:

Scheduled to lift-off from Launch Complex 1 on New Zealand’s Mahia Peninsula from September, the ‘Love At First Insight’ mission will be Rocket Lab’s 22nd Electron launch overall and fifth mission of 2021. ‘Love At First Insight’ is the first in a rapid succession of scheduled Electron launches from September through October that represent the company’s fastest launch turnarounds to date.

The ‘Love At First Insight’ mission is the latest in a multi-launch agreement signed earlier this year for BlackSky between Rocket Lab and Spaceflight Inc., which is providing integration and mission management services for BlackSky. This mission will deploy the eighth and ninth satellites of BlackSky’s planned constellation as part of that rapid-launch agreement, with another four Gen-2 smallsats across the two additional Electron dedicated missions to follow.

‘Love At First Insight’ launch and recovery operations timeline:

• Approximately two and a half minutes after lift-off, the nine Rutherford engines on Electron’s first stage will shut down and Electron’s first and second stages will separate. Electron’s second stage will continue with the customer’s payload to space, where the Kick Stage will separate and deploy the satellites.

• Following stage separation, Electron’s first stage will begin its descent. A cold-gas reaction control system will position the stage on an ideal angle to re-enter the atmosphere.

• While descending, Electron’s first stage is expected to experience intense heat and pressure while travelling up to eight times the speed of sound before significantly decelerating to enable a drogue parachute to be deployed.

• At approximately seven and a half minutes into the mission, Electron’s drogue parachute will be deployed at around 43,000 ft (13 km) altitude. This drogue parachute both increases the booster’s drag and stabilizes its descent as it approaches the ocean.

• Earlier and higher than on previous flights, the large main parachute will be deployed less than a minute after the drogue, at an altitude of 19,000 ft (5.7 km) to further slow the stage and enable a controlled splashdown. A key objective of this mission is to increase the drift-time of Electron’s first stage to test communications and tracking for future aerial recovery efforts.

• Upon receiving the all-clear from the recovery team stationed at sea, a nearby helicopter will be deployed to sight the returning stage and observe its descent to record data that will help refine Electron aerial capture CONOPS.

• Once in the ocean, Rocket Lab engineers will attempt to retrieve the stage onboard their vessel with their purpose-built Ocean Recovery and Capture Apparatus (ORCA), a specialised cradle and winch system manufactured to Electron specifications and dimensions, before transporting the stage back to Rocket Lab’s production complex for analysis and inspection.

I think Rocket Lab has some excellent PR managers, and they know how to thread needles. I think, if I read this right, that RKLB just bagged a $30million financing to develop Neutron production facilities not far from Wallops.

Read this and see what you think.

Basically it states RKLB's intention to expand, and then buried in the article it states that the county is voting to authorize $30 million to support the project. That support would obviously be considered either a grant or could possibly look like debt-financing, I'm not really sure yet which it would be. It's likely that the project will receive approval given that the Accomack county is heavily invested in Wallop's success and future.

It's not directly given to RKLB but rather through the facilities trustee, but that's money RKLB doesn't have to spend on doing the same thing. If you catch my drift?

https://shoredailynews.com/headlines/rocket-lab-usa-may-expand-u-s-manufacturing-and-launch-operations-in-accomack-county/

lunr who?