Top 10 AI News Wall Street is Paying Attention To

7. Rocket Lab USA, Inc. (NASDAQ:RKLB)

Number of Hedge Funds: 16

Rocket Lab USA, Inc. (NASDAQ:RKLB) is a space company that provides launch services and space systems solutions for the space and defense industries. The company uses artificial intelligence technology in its space-related applications, including satellite constellation and launch services. On February 19, the company successfully launched its 60th Electron, paving the way for the deployment of a satellite in the Earth-imaging satellite constellation.

The launch of the Gen 3 satellite marks an important milestone in Rocket Lab USA, Inc.’s (NASDAQ:RKLB) bid to deliver transformative and next-generation space-based intelligence capabilities. Consequently, it will be able to provide high-resolution imagery and AI-enabled analytics.

Brian O’Toole, CEO of BlackSky, stated: “The successful launch of our first Gen-3 satellite represents a major step forward in delivering transformative, next-generation space-based intelligence capabilities to our customers. We look forward to commissioning this new satellite and delivering very high-resolution imagery and AI-enabled analytics at industry-leading speeds.”