Rocket Lab Signs Deal to Launch South Korean Satellite
07 Diciembre 2023 - 3:15PM
Business Wire
KAIST’s NeonSat-1 will launch as the primary
payload on an Electron rideshare mission with NASA in the first
half of 2024.
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today announced it has signed a launch services agreement to launch
an Earth observation satellite for the Korea Advanced Institute of
Science and Technology (KAIST) on a rideshare mission in the first
half of 2024.
KAIST’s NeonSat-1 will be the primary payload on an Electron
rideshare mission that will also deploy NASA’s Advanced Composite
Solar Sail System, or ACS3 satellite. The mission will lift-off
from Rocket Lab Launch Complex 1 in New Zealand.
“2024 is shaping up to be our busiest launch year yet with a
fully booked manifest of Electron missions,” said Rocket Lab
founder and CEO, Peter Beck. “By combining this mission with the
launch of NASA’s ACS3 spacecraft, we’ve been able to provide KAIST
with a launch opportunity on short notice to help them reach orbit
faster. It’s a privilege to be working with the KAIST team and we
are thrilled to be providing them with timely and affordable launch
services on Electron.”
Jae-Hung Han, Director General of the Satellite Technology
Research Center (SaTReC) at KAIST said: "We highly anticipate
collaborating with Rocket Lab for a successful launch of our first
satellite of the NEONSAT microsatellite constellation program."
NeonSat-1 is a high-resolution optical satellite that will be
deployed as a technology demonstration for a planned future Earth
observation constellation. KAIST is Korea’s leading science and
technology institution, having developed and operated Korea’s very
first satellite KAIST when it was successfully launched more than
30 years ago.
In addition to being launched by Electron, KAIST’s NeonSat-1
will use Rocket Lab’s MLB satellite separation system in the
Company’s latest demonstration of its vertically integrated space
systems strategy.
+ About Rocket Lab
Rocket Lab is a global leader in launch and space systems.
Rocket Lab’s Electron launch vehicle is the second most frequently
launched U.S. rocket annually and has delivered more than 171
satellites to orbit for commercial and Government partners,
including NASA, the U.S. Air Force, DARPA and the NRO. Rocket Lab
also delivers proven suborbital hypersonic launch capability with
its HASTE launch vehicle. Building on the deep heritage of
Electron, Rocket Lab is developing Neutron, an advanced 13-tonne
payload class, reusable launch vehicle tailored for constellation
deployment and interplanetary missions. Rocket Lab is also a
premier supplier of advanced satellites, flight-proven subsystems
and spacecraft components. At a component level, Rocket Lab
spacecraft technology spans space solar power, composite
structures, flight software, star trackers, reaction wheels,
separation systems, and more. Rocket Lab satellite technology and
components have been integrated into more than 1,700 satellite
missions globally. 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 and business strategy are forward-looking statements. The
words “believe,” “may,” “will,” “estimate,” “potential,”
“continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,”
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though not all forward-looking statements use these words or
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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
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+ Rocket Lab Media Contact Murielle Baker
media@rocketlabusa.com
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