Rocket Lab to Launch NRO Mission from Wallops, Virginia

Rhea-AI Summary

Rocket Lab USA, Inc. (RKLB) announces its first NRO launch from Wallops, Virginia, for the National Reconnaissance Office. The mission, named 'Live and Let Fly', marks Rocket Lab's 4th launch from Launch Complex 2, showcasing its reliable access to orbit for critical national security missions.

The mission will be Rocket Lab’s first NRO launch from Wallops, Virginia, following four previous successful launches for the agency from New Zealand

LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it will launch a dedicated mission for the National Reconnaissance Office (NRO) from Launch Complex 2 in Wallops, Virginia, during a launch window that opens March 20^th, 2024.

A Rocket Lab Electron rocket on the launch pad in Wallops, Virginia. Image Credit: Brady Kenniston

The NROL-123 mission, called ‘Live and Let Fly’, will be Rocket Lab’s first launch for the NRO from the United States after previously launching four NRO missions from Launch Complex 1 on New Zealand’s Mahia Peninsula. It will be Rocket Lab’s 4^th mission from Launch Complex 2, a dedicated pad for the Electron rocket located at Virginia Spaceport Authority's Mid-Atlantic Regional Spaceport within the NASA Wallops Flight Facility in Virginia.

“Electron has been providing reliable access to orbit for the NRO since 2020 and we’re honored to once again provide critical launch capability, this time from U.S. soil,” said Rocket Lab founder and CEO Peter Beck. “The ability to reliably launch national security missions from pads in two countries is a unique one that offers a rare level of responsiveness and resiliency for small satellite launch. We’re immensely proud to deliver this capability to the NRO, enabling them to maintain the nation’s advantage in space.”

The ‘Live and Let Fly’ launch service was acquired using NRO’s Rapid Acquisition of a Small Rocket (RASR) contract. RASR enables the NRO to explore new opportunities for launching small satellites through a streamlined, commercial approach. NRO missions provide critical information to more than a half-million government users, including every member of the Intelligence Community, two dozen domestic agencies, the military, lawmakers, and decision makers.

The launch will broadcast live at www.rocketlabusa.com/live-stream. Media may apply for credentials to cover the pre-launch and launch activities at Wallops by emailing media@rocketlabusa.com by March 14, 2024.

The mission is scheduled to be Rocket Lab’s fourth launch of 2024 and 46^th Electron launch overall.

+ 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, the Photon satellite platform, 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 177 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. 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, 2022, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240221784403/en/

+ Rocket Lab Media Contact

Morgan Bailey

media@rocketlabusa.com

Source: Rocket Lab USA, Inc.

FAQ

When will Rocket Lab's NROL-123 mission 'Live and Let Fly' launch from Wallops, Virginia?

Rocket Lab's NROL-123 mission 'Live and Let Fly' will launch from Wallops, Virginia, during a launch window that opens on March 20th, 2024.

Where will Rocket Lab's 'Live and Let Fly' mission be launched from?

Rocket Lab's 'Live and Let Fly' mission will be launched from Launch Complex 2 in Wallops, Virginia.

What is the significance of Rocket Lab's 'Live and Let Fly' mission for the NRO?

Rocket Lab's 'Live and Let Fly' mission marks its first NRO launch from the United States, showcasing its critical launch capability for national security missions.

How was the 'Live and Let Fly' launch service acquired by Rocket Lab?

The 'Live and Let Fly' launch service was acquired using NRO's Rapid Acquisition of a Small Rocket (RASR) contract, enabling streamlined commercial opportunities for launching small satellites.

Where can the 'Live and Let Fly' launch be watched live?

The 'Live and Let Fly' launch will be broadcast live at www.rocketlabusa.com/live-stream.