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Rocket Lab: Iridium Could Explode EBITDA, But A Wildcard Decides If It's Worth It
Rocket Lab USA, Inc. (RKLB) could see a significant boost in earnings before interest, taxes, depreciation, and amortization (EBITDA) from its Iridium satellite launch contract.
However, analysts at Seeking Alpha warn that the company's wildcard factor, launch delays, could offset this potential growth.
The article notes that Rocket Lab has a history of launch delays and cancellations.
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