From Contract to Space in Less Than Ten Weeks: Rocket Lab Launches its 54th Electron Mission
05 Noviembre 2024 - 6:08AM
Business Wire
The contract for Rocket Lab’s latest launch was
signed less than ten weeks before lift-off, making it one of the
fastest contract-to-launch turnarounds in Company history.
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today successfully launched its 54th Electron mission, deploying a
single satellite to Low Earth Orbit for a confidential commercial
customer.
The ‘Changes in Latitudes, Changes in Attitudes’ mission
launched from Rocket Lab Launch Complex 1 in Mahia, New Zealand at
11:54 pm on November 5th, 2024. The mission was Rocket Lab’s 12th
Electron launch this year, continuing to best the Company’s
previous record of 10 launches achieved in 2023. Electron remains
the world’s third most frequently launched rocket annually by
vehicle type, and the United States’ second most frequently
launched rocket annually.
Today’s mission was launched less than ten weeks from the
mission’s launch contract signing, making it one of the Company’s
fastest turnarounds yet from contract to launch. Historically it
was typical to take years from contract signing to launch, causing
bottlenecks and limited launch opportunities for satellite
operators. Rocket Lab’s Electron rocket revolutionized this by
making it possible for customers to book and launch in just weeks,
enabling them to test technologies faster, begin generating revenue
from constellations earlier, or gather urgent data from orbit at
near on-demand timelines. This business model is enabled by
standardized rapid production of Electron launch vehicles,
responsive launch sites, proven and established launch systems, and
an experienced team capable of delivering rapid call-up launch
year-round.
Rocket Lab founder and CEO, Sir Peter Beck says: “Another
successful launch showcasing all the best attributes of the Rocket
Lab team and Electron: a streamlined process from contract to
orbit, pinpoint deployment accuracy, and a responsive service
tailored exactly to the customer’s needs. Now 12 for 12 this year
across commercial, civil, and national security missions, I’m proud
of the team for delivering launch after launch as we continue to
deliver a record year across launch and space systems.”
A replay of today’s launch broadcast can be found at
www.rocketlabusa.com/live-stream.
Details of Rocket Lab’s next launch will be announced
shortly.
+ 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 198
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241104997103/en/
+ Rocket Lab Media Contact Murielle Baker
media@rocketlabusa.com
Rocket Lab USA (NASDAQ:RKLB)
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