Space Stocks Rise Premarket; KULR Technology Soars 16%; Rocket Lab up 7%

Tiger Newspress

03-28

Space stocks rose in premarket trading on Friday. KULR Technology Group, Inc. jumped 16%, Rocket Lab USA soared 7%.

Rocket Lab USA, Inc. and Stoke Space Technologies have been awarded a U.S. Air Force contract with a maximum cumulative ceiling of $5.6B for the National Security Space (NSS) Launch Phase Three Lane One fiscal 2025 on-ramp.

The contract is for launch services delivering NSS payloads into their intended orbits. The contract will include a four-year, two-month ordering period, which will go through June 2029, with an option for an additional ordering period of five years.

KULR Technology Group, Inc. reports quarterly GAAP losses of 2 cents per share, in line with the analyst consensus estimate. Quarterly revenue clocks in at $3.37 million which beat the consensus estimate of $2.9 million.

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Quarterly revenue clocks in at $3.37 million which beat the consensus estimate of $2.9 million.</p><p></p><p></p><p></p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KULR","symbol_name":"KULR Technology Group, Inc.","start_time":0,"source_url":"","article_id":"1102374151","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102374151","pubTimestamp":1743150384,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Space stocks rose in premarket trading on Friday.  $KULR Technology Group, Inc.$ jumped 16%, $Rocket Lab USA$ soared 7%. $Rocket Lab USA, Inc.$  and Stoke Space Technologies have been awarded a U.S. Air Force contract with a maximum cumulative ceiling of $5.6B for the National Security Space  Launch Phase Three Lane One fiscal 2025 on-ramp.The contract is for launch services delivering NSS payloads into their intended orbits. 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