List of Flash News about space technology blockchain
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2025-05-28 12:07 |
Rocket Lab $RKLB Price Target Raised to $34 by Stifel After Geost Acquisition News
According to Stock Talk (@stocktalkweekly), Stifel has raised Rocket Lab USA ($RKLB) price target to $34 from $29, maintaining a Buy rating after Rocket Lab announced an agreement to acquire Geost, LLC, a developer of electro-optical and infrared payloads. This acquisition is expected to enhance Rocket Lab's satellite payload capabilities, potentially strengthening its position in the commercial satellite launch sector. For crypto traders, the increasing investment and innovation in the space technology sector often influence sentiment and capital flows in blockchain and crypto projects related to satellite and data transmission. As institutional confidence in advanced aerospace tech grows, correlated crypto tokens such as those focused on space and data infrastructure may see increased interest. (Source: @stocktalkweekly, May 28, 2025) |