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Rocket Lab
Trends
- 1
Donald Trump is being widely fact-checked after claiming his uncle "invented radar," with outlets including Newsweek noting the record shows radar was developed by others in the 1930s. The remark drew swift ridicule online. It comes alongside a wider wave of radar-related news, including China reportedly beginning serial production of the KJ-3000 airborne early warning aircraft and a Rocket Lab launch carrying a Japanese radar satellite.
- 2
Rocket Lab shares rose in overnight trading after the company said it is targeting 12 hypersonic test flights, as the United States pushes to speed up weapons development. Investors reacted to the news, making Rocket Lab one of the most discussed stocks, with traders weighing what its role in the Pentagon's accelerated hypersonic programme could mean for future revenue.