Rocket Lab Sets Launch Date for 51st Electron Mission, Prepares to Deploy Latest Satellites in Multi-Launch Contract for Synspective
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 its 51st Electron launch, a mission that will launch the latest satellite in a constellation being built by its long-standing customer Synspective.
The “Owl for One, One for Owl” mission is scheduled to launch from Rocket Lab Launch Complex 1 in Mahia, New Zealand during a 14-day launch window that opens on July 31st NZST / July 30th UTC. In addition to deploying a single StriX satellite to low Earth orbit for this mission, Rocket Lab will perform an advanced mid-mission maneuver with Electron’s Kick Stage to shield the satellite from the sun and reduce radiation exposure.
The mission will be the fifth launch of a total of 16 launches on Electron for Synspective, a Japanese Earth observation company deploying a constellation of synthetic aperture radar (SAR) satellites designed to deliver imagery that can detect millimetre-level changes to the Earth’s surface from space. Rocket Lab has been the sole launch provider for Synspective’s constellation to date, and this latest mission continues a lasting and trusted partnership to deploy their StriX constellation to low Earth orbit. Most recently that partnership was further cemented by a new multi-launch contract of ten dedicated Electron launches for Synspective 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: “Synspective’s long-standing trust in the team to build out their constellation is recognition of Electron’s continued dominance as the ultimate small launch vehicle for the industry. Schedule flexibility, a reliable rocket launching more and more frequently, and our unique in-space capabilities that support mission needs are all critical functions at play in the multi-launch contracts being signed by our domestic and international launch customers. It’s an honor to continue launching for Synspective through our ongoing partnership.”
“Owl for One, One for Owl” will be Rocket Lab’s 51st Electron mission and ninth launch this year. As well as an additional launch for Synspective scheduled to take place before the end of this year, other launches for multi-launch contract customers include space-based intelligence company BlackSky and French Internet-of-Things (IoT) company Kinéis.
+ About Synspective’s constellation:
Synspective’s small SAR satellites, StriX, are equipped with a synthetic aperture radar (SAR) sensor, which can observe the Earth’s surface in any weather condition day or night. Not affected by clouds or rain, SAR is suitable for persistent monitoring of disasters and detailed changes to secure critical infrastructure and other facilities. Example use cases include:
- detecting anomalies in road, rail, energy and other infrastructure, resulting in lower maintenance costs and accident risk,
- monitoring crop growth conditions and analyzing soil and vegetation health to help reduce costs and increase efficiency for farmers,
- detecting illegal logging and fishing in the most remote parts of the world,
- providing rapid damage assessment after flooding, landslides and volcanic eruptions, as well as risk assessment for land subsidence,
- enabling the persistent monitoring of maritime traffic, border activities and other potential security threats, and advances maritime domain awareness,
- analyzing tree cover to calculate CO2 absorption and carbon credits.
+ 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.
