STOCK TITAN

Terran Orbital Integrates CAPSTONE Aboard Rocket Lab Electron Rocket

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Terran Orbital (NYSE: LLAP) announced the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab Electron rocket, supporting NASA’s Artemis program. The CAPSTONE mission, set to launch on June 27, 2022, will test the Near Rectilinear Halo Orbit around the Moon. This innovative spacecraft will undertake a ballistic lunar transfer, extending its trajectory up to 1.5 million kilometers, marking a significant achievement in small satellite exploration.

Positive
  • Successful integration of CAPSTONE spacecraft enhancing Terran Orbital's reputation in satellite solutions.
  • Collaboration with NASA and Rocket Lab strengthens business relations and future opportunities.
Negative
  • None.

The Terran Orbital designed and built satellite is flying a trailblazing path to the moon in support of NASA’s historic Artemis program

BOCA RATON, Fla.--(BUSINESS WIRE)-- Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab Electron rocket. The Terran Orbital designed and built satellite is flying a pathfinding mission to the moon in support of NASA’s historic Artemis program. The Terran Orbital team produced CAPSTONE’s hardware, assembled and tested the spacecraft, and integrated the satellite for its upcoming launch. The launch will take place from Rocket Lab Launch Complex 1 on New Zealand’s Mahia Peninsula as early as 10:00 a.m. UTC / 6:00 a.m. EDT / 3:00 a.m. PDT on June 27, 2022. CAPSTONE is owned and operated by Advanced Space on behalf of NASA.

CAPSTONE is fully integrated onto the Photon upper stage (Image Credit: Rocket Lab)

CAPSTONE is fully integrated onto the Photon upper stage (Image Credit: Rocket Lab)

The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) will be the first spacecraft to test the Near Rectilinear Halo Orbit (NRHO) around the Moon. CAPSTONE includes a radio tower on top that extends its size from a traditional 12U form factor. Rather than follow the typical direct to Moon path, CAPSTONE will follow a “ballistic lunar transfer” that will extend its reach up to 1.5 million kilometers before returning into lunar orbit – saving propellant and enabling the spacecraft to complete a mission that was previously impossible for a spacecraft of its size.

“CAPSTONE is an enormous achievement for small spacecraft exploration,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell. “Working alongside NASA, Rocket Lab, and Advanced Space has been a privilege. Terran Orbital is proud to have built, designed, and integrated the spacecraft for this historic mission and we look forward to running spacecraft operations throughout CAPSTONE’s journey.”

"CAPSTONE is a great example of how NASA and industry working together makes ambitious exploration possible," said NASA Space Technology Mission Directorate Associate Administrator Jim Reuter. "It's incredibly exciting to see this trailblazing small satellite start its journey to the Moon."

“The CAPSTONE mission is a testament to the power of collaboration, technological innovation, and perseverance,” said Advanced Space Chief Executive Officer and CAPSTONE Principal Investigator Bradley Cheetham. “The industry and NASA team delivered a mission that will enable the sustainable exploration, development, and settlement of space. Leading this historic mission for NASA has been an honor. Our teams are focused on the next phase of the launch and ultimately the spacecraft separation in 6 days. From this point our small spacecraft will fly itself to the Moon, leading the way for future missions.”

“Going to the Moon is a team effort and we have phenomenal mission partners in Terran Orbital, Advanced Space, and NASA,” said Rocket Lab Founder and Chief Executive Officer Peter Beck. “Together, we’re bringing missions beyond low Earth orbit within reach and paving a new path to the Moon.”

The launch will be broadcast live from approximately 45 minutes prior to lift-off at www.nasa.gov/live.

Visit NASA.gov/capstone and www.terranorbital.com/capstone for full mission information.

For real-time updates on the CAPSTONE mission in the lead-up to launch, follow Terran Orbital, NASA, Rocket Lab, and Advanced Space on Twitter.

@TerranOrbital
@NASA
@NASAAmes
@RocketLab
@AdvancedSpace

About Terran Orbital

Terran Orbital is a leading manufacturer of small satellites primarily serving the United States and Allied aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.

Virginia Norder

pr@terranorbital.com

949-508-6404

Source: Terran Orbital Corporation

FAQ

What is the CAPSTONE mission by Terran Orbital?

The CAPSTONE mission tests the Near Rectilinear Halo Orbit around the Moon and is part of NASA's Artemis program.

When is the CAPSTONE spacecraft scheduled for launch?

The launch of the CAPSTONE spacecraft is scheduled for June 27, 2022.

How does the CAPSTONE spacecraft save propellant?

CAPSTONE will follow a ballistic lunar transfer, significantly extending its reach and conserving propellant.

What is the significance of the CAPSTONE mission for small satellites?

The CAPSTONE mission represents a major step in small spacecraft exploration, enabling missions previously considered impossible.

Which companies collaborated with Terran Orbital on the CAPSTONE mission?

Terran Orbital collaborated with NASA, Rocket Lab, and Advanced Space for the CAPSTONE mission.

Terran Orbital Corporation

NYSE:LLAP

LLAP Rankings

LLAP Latest News

LLAP Stock Data

51.22M
156.35M
21.32%
36.12%
4.27%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
BOCA RATON