Rocket Lab's shares surged to a 52-week high on August 16th after the company successfully shipped two Mars-bound spacecraft to Cape Canaveral for launch. 

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Shares of Rocket Lab (RKLB) rallied 14.6% in Friday morning trading and carved out a new 52-week high of $7.09.

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These spacecraft, part of NASA's ESCAPADE mission, will study Martian plasma and magnetic fields, providing insights into Mars' atmospheric evolution.

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Rocket Lab's success in this project continues to bolster its reputation in space exploration.

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The twin spacecraft for the Escape and Plasma Acceleration and Dynamics Explorers heliophysics mission were designed, built, integrated, and tested by Rocket Lab for the University of California Berkeley’s Space Science Laboratory and NASA. 

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The spacecraft, known as Blue and Gold, recently completed comprehensive assembly, integration, and testing at Rocket Lab's (RKLB) Spacecraft Production Complex and headquarters in Long Beach.

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Upon arrival at NASA’s Kennedy Space Center Launch Complex, Rocket Lab (RKLB) team members will transfer the spacecraft to a cleanroom for post-transport inspections and tests. Following thorough checks, the team will commence preparation for fueling the spacecraft in anticipation of their upcoming launch on Blue Origin's (BORGN) New Glenn rocket.

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