‘Virginia Is For Launch Lovers’ is scheduled to
lift off tomorrow from Rocket Lab Launch Complex 2 within the NASA
Wallops Flight Facility on Wallops Island, Virginia
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a leading launch and space systems company, is
proceeding with a launch attempt tomorrow of the Company’s first
Electron mission from U.S. soil.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230123005796/en/
Electron on the pad at Launch Complex 2
at NASA Wallops Flight Facility in Virginia in preparation for
Rocket Lab's first launch from U.S. soil. Image Credit: Brady
Kenniston
The ‘Virginia Is For Launch Lovers’ mission is scheduled to
launch Tuesday January 24th, from Rocket Lab Launch Complex 2 at
Virginia Space’s Mid-Atlantic Regional Spaceport within NASA’s
Wallops Flight Facility – a U.S. launch pad for Electron missions
that serves government and commercial satellite customers. The
launch window for the mission extends from 18:00-20:00 EST /
23:00-01:00 UTC.
The mission is Rocket Lab’s 33rd Electron launch and will deploy
three satellites for Virginia-based company HawkEye 360, a radio
frequency geospatial analytics provider. This upcoming launch is
the first of three missions for HawkEye 360 scheduled to be carried
out by Rocket Lab in 2023 and 2024. The multi-launch contract to
deliver 15 satellites to low Earth orbit will grow HawkEye 360’s
constellation of radio frequency monitoring satellites to better
provide geolocation of radio emissions anywhere in the world.
As the world’s most frequently launched small orbital rocket,
Electron has already delivered 152 satellites to space across 32
missions launched from the company’s private launch site, Launch
Complex 1, in New Zealand. Previous Electron missions have deployed
satellites for NASA, the National Reconnaissance Office, DARPA, the
U.S. Space Force and a range of commercial constellation
operators.
‘Virginia Is For Launch Lovers’ mission details:
- Launch scheduled for | Tuesday January 24, 2023 (back-up
opportunities through early Feb.)
- Launch window | 18:00-20:00 EST
- Launch site | Launch Complex 2, Wallops Island,
Virginia
- Customer | HawkEye 360
- Payloads | Three satellites
- Orbit | 550km low Earth orbit
A live launch webcast will be available at
www.rocketlabusa.com/live-stream from around T-40 minutes. Follow
Rocket Lab on Twitter (@RocketLab) for real time mission
updates.
+ ABOUT Rocket Lab
Founded in 2006, Rocket Lab is an end-to-end space company with
an established track record of mission success. We deliver reliable
launch services, satellite manufacture, spacecraft components, and
on-orbit management solutions that make it faster, easier and more
affordable to access space. Headquartered in Long Beach,
California, Rocket Lab designs and manufactures the Electron small
orbital launch vehicle, the Photon satellite platform and the
Company is developing the large Neutron launch vehicle for
constellation deployment. Since its first orbital launch in January
2018, Rocket Lab’s Electron launch vehicle has become the second
most frequently launched U.S. rocket annually and has delivered 152
satellites to orbit for private and public sector organizations,
enabling operations in national security, scientific research,
space debris mitigation, Earth observation, climate monitoring, and
communications. Rocket Lab’s Photon spacecraft platform has been
selected to support NASA missions to the Moon and Mars, as well as
the first private commercial mission to Venus. Rocket Lab has three
launch pads at two launch sites, including two launch pads at a
private orbital launch site located in New Zealand and a second
launch site in Virginia. To learn more, visit
www.rocketlabusa.com.
+ Forward Looking Statement
This press release may contain certain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical facts,
contained in this release, including statements regarding our
expectations of financial results for the first quarter of 2023,
strategy, future operations, future financial position, projected
costs, prospects, plans and objectives of management, are
forward-looking statements. Words such as, but not limited to,
“anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,”
“design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “seek,” “should,”
“suggest,” “strategy,” “target,” “will,” “would,” and similar
expressions or phrases, or the negative of those expressions or
phrases, are intended to identify forward-looking statements,
although not all forward-looking statements contain these
identifying words. These forward-looking statements are based on
Rocket Lab’s current expectations and beliefs concerning future
developments and their potential effects. These forward-looking
statements involve a number of risks, uncertainties (many of which
are beyond Rocket Lab’s control), or other assumptions that may
cause actual results or performance to be materially different from
those expressed or implied by these forward-looking statements.
Many factors could cause actual future events to differ materially
from the forward-looking statements in this release, including
risks related to the global COVID-19 pandemic; risks related to
government restrictions and lock-downs in New Zealand and other
countries in which we operate that could delay or suspend our
operations; delays and disruptions in expansion efforts; our
dependence on a limited number of customers; the harsh and
unpredictable environment of space in which our products operate
which could adversely affect our launch vehicle and spacecraft;
increased congestion from the proliferation of low Earth orbit
constellations which could materially increase the risk of
potential collision with space debris or another spacecraft and
limit or impair our launch flexibility and/or access to our own
orbital slots; increased competition in our industry due in part to
rapid technological development and decreasing costs; technological
change in our industry which we may not be able to keep up with or
which may render our services uncompetitive; average selling price
trends; failure of our launch vehicles, spacecraft and components
to operate as intended either due to our error in design in
production or through no fault of our own; launch schedule
disruptions; supply chain disruptions, product delays or failures;
design and engineering flaws; launch failures; natural disasters
and epidemics or pandemics; changes in governmental regulations
including with respect to trade and export restrictions, or in the
status of our regulatory approvals or applications; or other events
that force us to cancel or reschedule launches, including customer
contractual rescheduling and termination rights; risks that
acquisitions may not be completed on the anticipated time frame or
at all or do not achieve the anticipated benefits and results; and
the other risks detailed from time to time in Rocket Lab’s filings
with the Securities and Exchange Commission (the “SEC”), including
under the heading “Risk Factors” in Rocket Lab’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2021, which was
filed with the SEC on March 24, 2022, and elsewhere (including that
the impact of the COVID-19 pandemic may also exacerbate the risks
discussed therein). There can be no assurance that the future
developments affecting Rocket Lab will be those that we have
anticipated. Except as required by law, Rocket Lab is not
undertaking any obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230123005796/en/
+ Rocket Lab Media Contact Morgan Bailey
media@rocketlabusa.com
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