Rocket Lab (RKLB) said Tuesday it introduced a new electric satellite thruster designed for high-volume manufacturing to supply commercial and national defense networks.
The internally developed thruster, named Gauss, includes a power processing unit and propellant management assembly with an established assembly line capable of producing over 200 units annually, the company said.
Shares of Rocket Lab rose more than 3% in Tuesday premarket activity.
Price: 73.00, Change: +2.31, Percent Change: +3.27
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