Rocket Lab Advances Launch of Earth Imaging Company Synspective | Your money

LONG BEACH, Calif.–(BUSINESS WIRE)–February 9, 2022–

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the launch window for a dedicated Electron mission to the Japanese terrestrial imaging company Synspective. The 14-day launch window opens February 28 UTC and will lift off from Rocket Lab’s Launch Complex 1 in New Zealand. Originally slated to launch after Rocket Lab’s next mission for another client, Rocket Lab moved the Synspective mission forward in the manifesto to account for changes in client timelines.

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Owl’s Night mission patch continues (Graphic: Business Wire)

“The Owl’s Night Continues” is the first of three dedicated Electron missions for Synspective, two of which are scheduled to launch in 2022 and a third in 2023. Each mission will deploy a single StriX satellite, expanding the Synthetic Aperture Radar (SAR) constellation ) from Synspective developed to provide images capable of detecting millimeter-level changes in the Earth’s surface from space, independent of weather conditions on Earth and at any time of the day or night.

“The Owl’s Night Continues” mission follows Rocket Lab’s first launch for Synspective in December 2020. This mission, named “The Owl’s Night Begins”, saw Rocket Lab’s Electron launch vehicle deploy the StriX-α satellite – the first Synspective’s planned spacecraft constellation of more than 30 SAR satellites designed to gather data from metropolitan centers daily to support urban development planning, construction and infrastructure monitoring, and disaster response.

Rocket Lab Founder and CEO Peter Beck said the ability to advance a mission and adjust short-term schedules to meet unique customer requirements is a rare ability made possible only by leveraging a private launch site.

“We have designed Electron and our launch complexes to offer satellite operators a high level of flexibility, allowing our customers to launch on their schedule. With a flight-ready rocket production line and multiple launch pads, we can run simultaneous launch campaigns ensuring that if an individual customer needs to accelerate or delay missions, we can mix accordingly and maintain our global manifesto on time. We are excited to meet Synspective’s launch requirements and once again provide them with personalized access to orbit.

Real-time mission updates for “The Owl’s Night Continues” will be available via Twitter. Follow Rocket Lab at @RocketLab.

Images and video content

www.rocketlabusa.com/about-us/updates/link-to-rocket-lab-imagery-and-video/

About Rocket Lab

Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We provide reliable launch services, spacecraft components, satellites and other spacecraft and in-orbit management solutions that make getting to space faster, easier and more affordable. Based in Long Beach, California, Rocket Lab designs and manufactures the small Electron orbital launch vehicle and Photon satellite platform and develops the 8-ton Neutron payload-class launch vehicle. Since its first orbital launch in January 2018, Rocket Lab’s Electron launch vehicle has become the second most frequently launched U.S. rocket each year and has delivered 109 satellites into orbit for private and public sector organizations, enabling national security, scientific research and 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 in New Zealand, one of which is currently operational, and a second launch site in Virginia, USA. United States, which is expected to become operational in 2022. To learn more, visit www.rocketlabusa.com.

Forward-looking statements

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. . These forward-looking statements are based on Rocket Lab’s current expectations and beliefs regarding 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 differ materially from those expressed or implied by such statements. prospective. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including risks related to the global COVID-19 pandemic; risks relating to government restrictions and lockdowns in New Zealand and other countries in which we operate that could delay or suspend our operations; delays and disruptions in expansion efforts; our reliance on a limited number of customers; the harsh and unpredictable space environment in which our products operate, which could adversely affect our launch vehicle and spacecraft; increased congestion due to the proliferation of constellations in low Earth orbit which could significantly increase the risk of potential collision with space debris or other spacecraft and limit or impede our launch flexibility and/or access to our own orbital slots ; increased competition in our industry due in part to rapid technological development and falling costs; technological changes in our industry that we may not be able to keep up with or that could make our services uncompetitive; evolution of average selling prices; the failure of our launch vehicles, satellites and components to perform as intended, either due to our design error in production or through no fault of ours; disruptions to the launch schedule; supply chain disruptions, product delays or failures; design and engineering flaws; launch failures; natural disasters and epidemics or pandemics; changes in government regulations, including with respect to trade and export restrictions, or in the status of our regulatory approvals or applications; or other events that require us to cancel or reschedule launches, including customers’ contractual rescheduling and termination rights; the risks that acquisitions will not be completed on time or at all or that they will not achieve the expected benefits and results; and 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 the prospectus dated October 7, 2021 relating to our registration statement on Form S-1 (File No. 333-259757), which was filed with the Securities and Exchange Commission pursuant to Rule 424(b) on October 7, 2021 and elsewhere (including that impact of the COVID-19 pandemic may also exacerbate the risks are discussed there). There can be no assurance that future developments affecting Rocket Lab will be those anticipated by us. Except as required by law, Rocket Lab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220209006197/en/

CONTACT: Rocket Lab Media Contact

Morgan Bailey

[email protected]

+64 27 538 9039

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: AVIATION MANUFACTURING SATELLITE OTHER TECHNOLOGIES TECHNOLOGY

SOURCE: Rocket Lab USA, Inc.

Copyright BusinessWire 2022.

PUBLICATION: 02/09/2022 6:30 p.m. / DISK: 02/09/2022 6:31 p.m.

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