Rocket Lab Successfully Completes Latest Launch for Synspective
August 02 2024 - 2:41PM
Business Wire
The mission was the fifth of 16 Electron
launches for Synspective to deploy a Synthetic Aperture Radar (SAR)
satellite constellation.
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today successfully launched its 51st Electron rocket and deployed a
single satellite to low Earth orbit for Synspective, a Japanese
Earth-imaging company.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240802614260/en/
Rocket Lab's Electron Rocket lifts off
from Launch Complex 1 carrying a satellite to orbit for Japanese
Earth-imaging company Synspective. (Photo: Business Wire)
The mission, named “Owl For One, One For Owl” in a nod to
Synspective’s StriX satellites named after the genus for owls,
lifted off at 04:39 a.m., August 3rd NZT (16:39 UTC, August 2nd)
from Launch Complex 1, Rocket Lab’s private orbital launch site on
New Zealand’s Mahia Peninsula. The mission deployed the fifth of
Synspective’s StriX SAR-imaging satellites to low Earth orbit. In
addition to the launch service, Rocket Lab provided a custom
Electron fairing to encapsulate the StriX satellite and also
performed an advanced mid-mission maneuver with Electron’s Kick
Stage to shield the satellite from the sun and reduce radiation
exposure on its way to orbit.
Rocket Lab has been the sole launch provider for Synspective’s
constellation to date. This mission was the fifth launch of a total
of 16 launches booked on Electron for Synspective and the second
launch for the Japanese company this year, after the “Owl Night
Long” mission launched in March 2024. Most recently, Synspective
booked ten dedicated Electron launches as part of a new
multi-launch agreement announced in June 2024, with the launches in
that new deal set to take place across 2025-2027.
Rocket Lab founder and CEO Sir Peter Beck says: “It’s wonderful
to have launched our second mission for Synspective in five months
as we continue our longstanding launch partnership. Electron is the
ideal rocket for providing flexible, tailored, and direct access to
orbit for constellation builders like Synspective, and I’m proud of
the team for delivering this latest mission success."
The launch window for Rocket Lab’s next Electron mission will be
announced in the coming days.
Launch webcast:
https://www.youtube.com/live/ZdikUDvKYmc?si=DuehwfqVdyT_MhL6
Launch images: https://flic.kr/s/aHBqjBBTmE
+ 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, a family of flight proven spacecraft, 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
190+ 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 family of spacecraft
have 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
third launch pad in Virginia. To learn more, visit
www.rocketlabusa.com.
+ Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward looking statements contained
in Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”) and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). All statements contained in
this press release other than statements of historical fact,
including, without limitation, statements regarding our launch and
space systems operations, launch schedule and window, safe and
repeatable access to space, Neutron development, operational
expansion and business strategy are forward-looking statements. The
words “believe,” “may,” “will,” “estimate,” “potential,”
“continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,”
“could,” “would,” “project,” “plan,” “target,” and similar
expressions are intended to identify forward-looking statements,
though not all forward-looking statements use these words or
expressions. These statements are neither promises nor guarantees,
but involve known and unknown risks, uncertainties and other
important factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including but not limited to the
factors, risks and uncertainties included in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2023, as such
factors may be updated from time to time in our other filings with
the Securities and Exchange Commission (the “SEC”), accessible on
the SEC’s website at www.sec.gov and the Investor Relations section
of our website at www.rocketlabusa.com, which could cause our
actual results to differ materially from those indicated by the
forward-looking statements made in this press release. Any such
forward-looking statements represent management’s estimates as of
the date of this press release. While we may elect to update such
forward-looking statements at some point in the future, we disclaim
any obligation to do so, even if subsequent events cause our views
to change.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240802614260/en/
+ Rocket Lab Media Contact Morgan Connaughton
media@rocketlabusa.com
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Oct 2024 to Nov 2024
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Nov 2023 to Nov 2024