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Rocket Lab USA, Inc. (RKLB) is pioneering the way in opening access to space to enhance life on Earth. As an orbital launch provider, Rocket Lab delivers rapid and reliable access to orbit for small satellites. The company’s core business involves the design, manufacture, and deployment of the Electron rocket—the world's first fully carbon composite orbital launch vehicle, powered by 3D printed, electric pump-fed engines.
Headquartered in Huntington Beach, California, Rocket Lab also operates a launch complex in Mahia, New Zealand, which is the world’s only private orbital launch range. This facility, Rocket Lab Launch Complex 1, is licensed to launch every 72 hours, allowing Rocket Lab to maintain an unprecedented launch cadence.
Since January 21, 2018, when Rocket Lab successfully reached orbit with the Electron vehicle and deployed its first commercial payloads, the company has made significant strides in eliminating barriers to commercial space access. This milestone marked the beginning of a new era of space exploration and accessibility.
Rocket Lab is engaged in two main segments: Launch Services and Space Systems. The Electron and Neutron launch vehicles, along with the Photon satellite platform, are key products enabling a wide range of operations including national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications.
The company's end-to-end mission services cater to civil, defense, and commercial markets worldwide, including major revenue contributions from the United States. Geographically, Rocket Lab serves clients in Japan, Germany, and other international markets.
Recent developments and partnerships continue to bolster Rocket Lab’s market position. With a focus on innovation and reliability, Rocket Lab is continually expanding the frontiers of space exploration.
Rocket Lab successfully completed its 54th Electron mission, deploying a satellite to Low Earth Orbit for a confidential commercial customer. The mission, named 'Changes in Latitudes, Changes in Attitudes,' launched from New Zealand on November 5th, 2024. Notable achievements include: completing the contract-to-launch process in under ten weeks, marking their 12th launch of 2024 (surpassing 2023's record of 10 launches), and maintaining Electron's position as the world's third most frequently launched rocket and the United States' second most frequently launched rocket annually.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has announced a new addition to its 2024 launch manifest, scheduled to launch in just three days. The mission, named 'Changes In Latitudes, Changes In Attitudes', will be launched from Rocket Lab Launch Complex 1 for a confidential commercial customer. This mission represents Rocket Lab's fastest contract-to-launch turnaround ever, with less than two months from signed contract to launch date.
The company's rapid call-up launch capability, standardized Electron production, responsive launch sites, and experienced team have enabled this quick turnaround. This will be Rocket Lab's 12th launch of 2024, marking a record number of annual Electron launches since 2018. The company has achieved a 100% increase in its Electron launch rate for the first half of this year compared to 2023, doubling its rocket production and launch cadence within a year.
Rocket Lab USA, Inc. (Nasdaq: RKLB), a global leader in launch services and space systems, has announced the release date for its third quarter 2024 financial results. The results will be disclosed after the U.S. markets close on Tuesday, November 12, 2024. Following the release, the company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Investors can access a live webcast and replay of the conference call on Rocket Lab's Investor Relations website. The company, founded in 2006, offers comprehensive space services including launch services, satellite manufacture, spacecraft components, and on-orbit management solutions. Rocket Lab's Electron small orbital launch vehicle has become the second most frequently launched U.S. rocket annually, having delivered 197 satellites to orbit since its first launch in January 2018.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has been selected by NASA to complete a study for retrieving rock samples from Mars and bringing them to Earth for the first time. This mission, part of NASA's Mars Sample Return Program, aims to revolutionize our understanding of Mars and potentially answer questions about past life on the planet.
Rocket Lab's study will explore a simplified, end-to-end mission concept that could be delivered at a fraction of the current projected program cost and completed several years earlier than the expected 2040 return date. The company's proposed mission architecture will be revealed once the study is complete in the coming months.
Rocket Lab's founder and CEO, Sir Peter Beck, highlighted the company's unique suitability for this task, citing their experience in cost-effective planetary science missions, including delivering a NASA mission to the Moon, enabling orbital operations, and successfully re-entering a capsule from orbit to Earth.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has completed testing and integration of its second Pioneer spacecraft for Varda Space Industries, Inc. This follows the successful launch and recovery of the first Pioneer spacecraft in June 2023, which crystallized the HIV drug Ritonavir in orbit. The second mission will again conduct in-space operations, reentry positioning maneuvers, and deorbiting to recover Varda's capsule.
The Pioneer spacecraft, designed and built at Rocket Lab's Spacecraft Production Complex, will provide power, communications, propulsion, and attitude control for Varda's 120 kg reentry capsule. It leverages Rocket Lab's vertically integrated spacecraft components and subsystems. Varda recently received a second reentry license from the FAA, making them the only company to secure such permission twice.
Rocket Lab USA, Inc. (Nasdaq: RKLB) successfully launched its 53rd Electron mission, deploying five satellites to Low Earth Orbit for French Internet-of-Things (IoT) company Kinéis. The 'Kinéis Killed the RadIOT Star' mission lifted off from Rocket Lab Launch Complex 1 in Mahia, New Zealand, on 21 September 2023 at 11:01 a.m. NZST. This marks the second of five dedicated Electron launches for Kinéis, aimed at improving global IoT connectivity.
The Kinéis constellation will enable data transmission from remote locations, supporting applications such as forest fire detection, water resource management, and logistics tracking. Rocket Lab has now deployed 197 satellites across 53 launches for various customers and missions, including NASA, the National Reconnaissance Office, and commercial constellations.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has appointed Frank Klein as its new Chief Operations Officer (COO), effective September 16th, 2024. Klein brings over 30 years of international manufacturing experience, primarily in the automotive industry. He will lead Rocket Lab's efforts to scale manufacturing of spacecraft, launch vehicles, and components to meet growing customer demand, with a backlog exceeding $1 billion.
Klein's extensive experience includes 27 years at Daimler AG, leadership roles at Mercedes-Benz, and serving as President of Magna Steyr AG. Most recently, he was COO at Rivian Automotive. Rocket Lab CEO Peter Beck emphasized Klein's expertise in lean manufacturing and scaling operations as important for the company's growth as an end-to-end space company.
Rocket Lab (Nasdaq: RKLB) has announced its 53rd Electron Launch, the second of five dedicated launches for French company Kinéis. The mission, named 'Kinéis Killed the RadIOT Star', is set to launch from New Zealand during a 14-day window opening on September 17, 2024. This launch follows just three months after Kinéis' first mission with Rocket Lab.
The mission will deploy five new satellites to enhance Kinéis' global Internet of Things (IoT) connectivity constellation. Once complete, the 25-satellite constellation will connect objects worldwide, transmitting near-real-time data with low energy consumption. The technology will also include ship-tracking capabilities through an Automatic Identification System (AIS).
Rocket Lab's Electron launcher will provide precise orbital deployment, important for constellation operators. The mission includes specific parameters such as an instantaneous launch window, multiple Curie engine burns for precise orbit placement, and a tailored deployment sequence for the satellites.
Rocket Lab USA, Inc. (Nasdaq: RKLB) has appointed Kenneth (Ken) Possenriede to its Board of Directors. Possenriede brings 35 years of experience from Lockheed Martin , where he served as Chief Financial Officer and held various financial leadership positions. His expertise in aerospace, defense, and financial management is expected to strengthen Rocket Lab's board.
CEO Peter Beck highlighted Possenriede's role in the traditional space model and expressed excitement about his contribution to Rocket Lab's future. Possenriede praised Rocket Lab's achievements, including the success of the Electron launcher and progress on the Neutron rocket. His experience in capital markets, customer relationships, and scaling businesses aligns with Rocket Lab's vision to become the leading end-to-end space company.
Rocket Lab USA (Nasdaq: RKLB) has successfully shipped two Mars-bound spacecraft to Cape Canaveral, FL for NASA's ESCAPADE mission. The twin spacecraft, named Blue and Gold, were designed, built, and tested by Rocket Lab for the University of California Berkeley's Space Science Laboratory and NASA. They will be launched on Blue Origin's New Glenn rocket to study Mars' magnetosphere.
The spacecraft recently completed comprehensive assembly and testing at Rocket Lab's Spacecraft Production Complex in Long Beach, California. Upon arrival at NASA's Kennedy Space Center, the spacecraft will undergo final preparations and fueling. This mission marks Rocket Lab's expansion into deeper space exploration, following their previous lunar mission for NASA.
The ESCAPADE mission aims to measure plasma and magnetic fields around Mars, providing insights into the planet's climate evolution. This project showcases Rocket Lab's capabilities in building interplanetary spacecraft and furthers their role in advancing space exploration beyond Earth orbit.
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