Rocket Lab will also attempt to recover
Electron’s first stage from the mission in next step for
reusability.
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today announced it has set the launch window for its first mission
of 2024.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240108252144/en/
Four satellites for Spire and NorthStar
are contained within the Electron rocket fairing ahead of launch at
Rocket Lab Launch Complex 1. (Photo: Business Wire)
The ‘Four of a Kind’ mission is scheduled to launch no earlier
than January 18 between 19:15-20:00 NZT (January 18 between
06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand.
The mission will deploy four Space Situational Awareness (SSA)
satellites for Spire Global, Inc’s (Spire) customer NorthStar Earth
& Space (NorthStar). NorthStar´s satellites, built and operated
by Spire, will be the first to simultaneously monitor all
near-Earth orbits from space, delivering a radically enhanced level
of SSA services to the global satellite community, with timely and
precise information for space object detection, tracking, orbit
determination, collision avoidance, navigation, and proximity
alerts.
As a secondary mission, Rocket Lab will be attempting to splash
down and retrieve Electron’s first stage as part of the Company’s
plan to evolve Electron into a reusable rocket. After launch and
stage separation, Electron’s first stage will return to Earth under
a parachute and splash down in the Pacific Ocean several hundred
kilometers down range from Launch Complex 1. Rocket Lab’s recovery
vessel will extract the stage from the water for transportation
back to Rocket Lab’s production complex where it will undergo
detailed analysis. Rocket Lab is not launching any pre-flown
engines as part of this mission.
“With each recovery mission we iterate toward Electron
reusability and with recent launches we’ve made significant leaps
forward with more successful splashdowns, recoveries and the first
launch of a pre-flown Rutherford engine,” said Rocket Lab founder
and CEO Peter Beck. “We’re looking forward to putting advanced
heat-shielding and waterproofing systems to the test on this
mission as one of the final steps before re-flying an entire first
stage. To launch an advanced mission like this with Spire as a
mission partner is a real privilege, as they were on our very first
orbital mission in 2018. To be partnered up again and both still
pushing boundaries with new technology and capabilities all these
years later is a great full circle moment.”
Spire Global co-founder and CEO, Peter Platzer, says: “As we
approach the launch of NorthStar's SSA satellites, this moment not
only signifies a technological milestone but also underscores the
meticulous collaboration that has shaped this mission. Through our
joint efforts with Rocket Lab, we've been able to offer the
flexibility of a dedicated launch tailored precisely to NorthStar's
mission requirements. In tandem, Spire's Space Services team,
working closely with Rocket Lab, has played a pivotal role in
constructing and customizing all mission components, ensuring
seamless alignment with NorthStar's unique needs. This
collaboration is a testament to our commitment to removing barriers
in space business and contributing to a more sustainable future in
space.”
‘Four of a Kind’ will be Rocket Lab’s first launch as part of a
sold-out launch manifest for 2024 and will be the Company’s 43rd
Electron mission overall.
+ 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 172
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 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 operation, launch schedule and window, safe and
repeatable access to space, Neutron development, operational
expansion, business strategy, and expectations relating to our
financial condition, results of operations, plans, objectives and
future performance 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, 2022, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240108252144/en/
+ Rocket Lab Media Contact Murielle Baker
media@rocketlabusa.com
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