Rocket Lab Prepares for 40th Electron Launch

Rhea-AI Summary

Rocket Lab USA, Inc. (Nasdaq: RKLB) is set to launch its 40th Electron mission named 'We Love the Nightlife' to deploy the first of Capella Space’s next generation ‘Acadia’ Earth observation satellites to low Earth orbit. The mission is scheduled to take place on Sunday, July 30th UTC, and will be live streamed on Rocket Lab's website.

The 'We Love the Nightlife' mission, Rocket Lab’s 40^th Electron launch, is scheduled to launch this weekend and will deliver the first of Capella Space’s next generation ‘Acadia’ Earth observation satellites to low Earth orbit.

LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, is scheduled to launch its 40^th Electron mission as early as Sunday 30 July UTC.

The mission will lift-off from Rocket Lab Launch Complex 1 in New Zealand and is scheduled for launch between:

• NZST: 17:00 – 19:00, July 30
• UTC: 05:00 – 07:00, July 30
• EDT: 01:00 – 03:00, July 30
• PDT: 22:00 – 24:00, July 29

The mission, named ‘We Love the Nightlife,’ will deploy a spacecraft for American space tech company Capella Space (Capella), a leading provider of commercial Synthetic Aperture Radar (SAR) imagery. The mission will deliver the first of Capella’s next generation ‘Acadia’ Earth observation satellites.

‘We Love the Nightlife’ will be Rocket Lab’s third launch for Capella following the successful 'Stronger Together' mission launched in March 2023 from Rocket Lab Launch Complex 2 in Virginia, and the 'I Can’t Believe It’s Not Optical' mission in August 2020 from Launch Complex 1 in New Zealand, which deployed the first satellite in Capella’s SAR constellation.

‘We Love the Nightlife’ will be Rocket Lab’s eighth Electron mission for the year and the Company’s 40^th Electron overall.

The mission will be live streamed at www.rocketlabusa.com/live-stream. For real time updates on launch day, follow Rocket Lab on Twitter @RocketLab. Images and videos will be available for download on Flickr: https://flic.kr/s/aHBqjANcH8

+ 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 and the Photon satellite platform and is developing the Neutron 13-ton payload class launch vehicle. 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 170 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 Photon spacecraft platform has 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, USA. To learn more, visit www.rocketlabusa.com.

+ About Capella Space

Capella Space is an information services company that provides on-demand, industry-leading, high-resolution synthetic aperture radar (SAR) Earth observation imagery. Through a constellation of small satellites, Capella provides easy access to frequent, timely, and flexible information affecting dozens of industries worldwide. Capella’s high-resolution SAR satellites are matched with unparalleled infrastructure to deliver reliable global insights that sharpen our understanding of the changing world – improving decisions about commerce, conservation, and security on Earth. Learn more at www.capellaspace.com.

+ FORWARD LOOKING STATEMENTS

This press release may contain certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Rocket Lab’s current expectations and beliefs concerning future developments and their potential effects. These forward-looking statements involve a number of risks, uncertainties (many of which are beyond Rocket Lab’s control), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including risks related to delays and disruptions in expansion efforts; our dependence on a limited number of customers; the harsh and unpredictable environment of space in which our products operate which could adversely affect our launch vehicle and spacecraft; increased congestion from the proliferation of low Earth orbit constellations which could materially increase the risk of potential collision with space debris or another spacecraft and limit or impair our launch flexibility and/or access to our own orbital slots; increased competition in our industry due in part to rapid technological development and decreasing costs; technological change in our industry which we may not be able to keep up with or which may render our services uncompetitive; average selling price trends; failure of our launch vehicles, spacecraft and components to operate as intended either due to our error in design in production or through no fault of our own; launch schedule disruptions; supply chain disruptions, product delays or failures; design and engineering flaws; launch failures; natural disasters and epidemics or pandemics, including COVID-19; changes in governmental regulations including with respect to trade and export restrictions, or in the status of our regulatory approvals or applications; or other events that force us to cancel or reschedule launches, including customer contractual rescheduling and termination rights; risks that acquisitions may not be completed on the anticipated time frame or at all or do not achieve the anticipated benefits and results; and the other risks detailed from time to time in Rocket Lab’s filings with the Securities and Exchange Commission (the “SEC”), including under the heading “Risk Factors” in Rocket Lab’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on March 7, 2023, and elsewhere. There can be no assurance that the future developments affecting Rocket Lab will be those that we have anticipated. Except as required by law, Rocket Lab is not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230728370598/en/

+ Rocket Lab Media Contact

Morgan Bailey

media@rocketlabusa.com

Source: Rocket Lab USA, Inc.

FAQ

What is Rocket Lab's ticker symbol?

Rocket Lab's ticker symbol is RKLB on the Nasdaq.

When is the 'We Love the Nightlife' mission scheduled to launch?

The mission is scheduled to launch as early as Sunday, July 30th UTC.

What will the mission deploy?

The mission will deploy the first of Capella Space’s next generation ‘Acadia’ Earth observation satellites to low Earth orbit.

Where can the mission be live streamed?

The mission will be live streamed at www.rocketlabusa.com/live-stream.