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After growing revenues 55% in Q3, Rocket Lab said last week that it will more than double revenues year over year in Q4, confirming bullish theories that the company's growth rate is actually accelerating. And powering that acceleration is strong demand from satellite companies for Rocket Lab's product, the workhorse Electron small rocket.

Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.

Rocket Lab stock is on a roll as launch revenue rolls in and a new Neutron rocket promises to grow revenue even more. Rocket Lab ( RKLB 43.99%) stock lived up to its name this morning as shares were up 44% at 10:45 a.m. ET after an encouraging earnings report Tuesday evening.