Rocket Lab is another relative newcomer to public markets that began trading via a SPAC. The company is focused on launching small satellites into space, but it is investing in expanding its offering to include larger launches, and it is also adding related services such as satellite manufacturing and components. The goal is to be a one-stop shop for customers looking to design a satellite, get it into space, and then monitor and maintain it while it is in orbit.
This is a competitive market, but Rocket Lab is a low-cost provider and is currently conducting commercial launches, putting it out in front of some of its would-be competitors. Space is full of risk for young companies, but Rocket Lab looks like a potential winner.
4. L3Harris