Rocket Lab Corp.

(NASDAQ:RKLB) shares are trending in after-hours trading Monday as investors continued reacting positively to the company’s planned acquisition of Iridium Communications Inc..

RKLB closed Tuesday’s regular session at $98.01, up 15.93%.

In after-hours trading, shares climbed to $101.18, up 3.23%.

Rocket Lab is a space systems and launch services company focused on launch vehicles, spacecraft manufacturing and space applications.