🟢 RKLB is trading 4.04% up today after extending launch contract with iQPS

RKLB is trading at $73.47 (4.04% up) after extending its launch contract with Japanese radar satellite operator iQPS.

• The deal adds three additional Electron launches, bringing the total iQPS missions to 15 and demonstrating Rocket Lab's ability to secure recurring revenue from key customers.
• Cantor Fitzgerald maintained its Overweight rating and $85 price target following the announcement.
• The stock is also benefiting from broader market strength, with the Nasdaq Composite up 1.19% amid optimism over potential US-Iran diplomatic progress.