Shares of Rocket Lab USA Inc. are up 23.7% in premarket trades after the space-launch company highlighted strong demand for its Electron rocket during its third-quarter results Tuesday.

Rocket Lab USA (RKLB, Financial) shares skyrocketed by 24% after the company posted strong third-quarter sales, backed by its Electron rocket program. The space firm reported total revenue of $104.8 million,

Shares of aerospace manufacturer and launch service provider Rocket Lab ($RKLB) soared over 24% in Wednesday’s pre-market session after the firm reported strong third-quarter earnings. Revenue rose 55% year-over-year (YoY) to $104.

Rocket Lab USA (RKLB) impressed investors with its Q3 earnings report, showing strong revenue growth and increased pricing, leading to a significant

Shares of commercial space start-up Rocket Lab jumped after the company reported better-than-expected third-quarter results late Tuesday. The stock rose 26% to $18.40 in premarket trading Wednesday. S&P 500 and Dow Jones Industrial Average futures each were down about 0.