BUZZ-Rocket Lab rises after securing $32 mln contract

Reuters04-11

** Shares of Rocket Lab USA rise 2.7% to $3.83 in early trading

** RKLB says it has been selected for a $32 mln U.S. Space Force Space Systems Command contract to deliver the Victus Haze Tactically Responsive Space (TacRS) mission

** The mission will see RKLB design, build, launch, and operate a rendezvous proximity operation (RPO) capable spacecraft

** RPO refers to the maneuvers performed by a spacecraft when it is approaching or operating near another object in space

** Up to last close, stock down ~32% YTD

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; ))

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