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Touchdown for In-Space Manufacturing Mission: Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia

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Rocket Lab (Nasdaq: RKLB) has successfully completed its second in-space manufacturing mission with Varda Space Industries. The company's custom Pioneer spacecraft positioned Varda's capsule for a successful return to Earth on February 27 at the Koonibba Test Range in South Australia.

The W-2 mission, which operated in orbit for six weeks, carried payloads including an AFRL spectrometer, a NASA-collaborated heatshield with Thermal Protection System, and an expanded bioreactor for pharmaceutical processing. The Pioneer spacecraft executed three precise propulsion maneuvers from a 500km orbit to ensure accurate capsule re-entry.

This marks the second of four ordered Pioneer spacecraft missions for Varda, with the third spacecraft already prepared for launch in the coming weeks. The mission follows W-1, which successfully demonstrated the first space manufacturing outside the International Space Station in early 2024.

Rocket Lab (Nasdaq: RKLB) ha completato con successo la sua seconda missione di produzione in orbita con Varda Space Industries. La navetta Pioneer dell'azienda ha posizionato la capsula di Varda per un ritorno sicuro sulla Terra il 27 febbraio presso il Koonibba Test Range in Australia Meridionale.

La missione W-2, che ha operato in orbita per sei settimane, ha trasportato carichi utili tra cui uno spettrometro AFRL, uno scudo termico collaborato con la NASA dotato di un Sistema di Protezione Termica, e un bioreattore espanso per la lavorazione farmaceutica. La navetta Pioneer ha eseguito tre manovre di propulsione precise da un'orbita di 500 km per garantire un rientro accurato della capsula.

Questo segna la seconda delle quattro missioni di navette Pioneer ordinate da Varda, con la terza navetta già pronta per il lancio nelle prossime settimane. La missione segue la W-1, che ha dimostrato con successo la prima produzione spaziale al di fuori della Stazione Spaziale Internazionale all'inizio del 2024.

Rocket Lab (Nasdaq: RKLB) ha completado con éxito su segunda misión de fabricación en el espacio con Varda Space Industries. La nave Pioneer de la compañía posicionó la cápsula de Varda para un regreso exitoso a la Tierra el 27 de febrero en el Koonibba Test Range en Australia del Sur.

La misión W-2, que operó en órbita durante seis semanas, transportó cargas útiles que incluían un espectrómetro AFRL, un escudo térmico colaborado con la NASA con un Sistema de Protección Térmica y un biorreactor ampliado para el procesamiento farmacéutico. La nave Pioneer ejecutó tres maniobras de propulsión precisas desde una órbita de 500 km para garantizar un reingreso preciso de la cápsula.

Esto marca la segunda de las cuatro misiones de naves Pioneer encargadas por Varda, con la tercera nave ya preparada para el lanzamiento en las próximas semanas. La misión sigue a la W-1, que demostró con éxito la primera fabricación espacial fuera de la Estación Espacial Internacional a principios de 2024.

로켓랩 (Nasdaq: RKLB)은 바르다 스페이스 인더스트리와 함께 두 번째 우주 제조 미션을 성공적으로 완료했습니다. 회사의 맞춤형 파이오니어 우주선은 바르다의 캡슐을 2월 27일 호주 남부의 쿠니바 시험장에서 안전하게 지구로 귀환할 수 있도록 위치시켰습니다.

W-2 미션은 6주 동안 궤도에서 운영되었으며, AFRL 분광기, NASA와 협력한 열 차폐막 및 제약 가공을 위한 확장된 바이오리액터를 포함한 화물들을 운반했습니다. 파이오니어 우주선은 500km 궤도에서 세 번의 정밀 추진 조작을 수행하여 캡슐의 정확한 재진입을 보장했습니다.

이것은 바르다가 주문한 네 개의 파이오니어 우주선 미션 중 두 번째를 의미하며, 세 번째 우주선은 오는 몇 주 내에 발사를 위해 이미 준비되었습니다. 이 미션은 2024년 초 국제우주정거장 외부에서의 첫 우주 제조를 성공적으로 시연한 W-1 미션에 이어 진행됩니다.

Rocket Lab (Nasdaq: RKLB) a réussi à achever sa deuxième mission de fabrication dans l'espace avec Varda Space Industries. Le vaisseau Pioneer de l'entreprise a positionné la capsule de Varda pour un retour réussi sur Terre le 27 février au Koonibba Test Range en Australie-Méridionale.

La mission W-2, qui a opéré en orbite pendant six semaines, a transporté des charges utiles comprenant un spectromètre AFRL, un bouclier thermique collaboré avec la NASA doté d'un Système de Protection Thermique, et un bioréacteur élargi pour le traitement pharmaceutique. Le vaisseau Pioneer a exécuté trois manœuvres de propulsion précises depuis une orbite de 500 km pour garantir un réentrée précise de la capsule.

Ceci marque la deuxième des quatre missions de vaisseaux Pioneer commandées par Varda, avec le troisième vaisseau déjà prêt pour le lancement dans les semaines à venir. La mission fait suite à la W-1, qui a démontré avec succès la première fabrication spatiale en dehors de la Station Spatiale Internationale début 2024.

Rocket Lab (Nasdaq: RKLB) hat erfolgreich seine zweite Mission zur Herstellung im Weltraum mit Varda Space Industries abgeschlossen. Das maßgeschneiderte Pioneer-Raumschiff des Unternehmens positionierte die Kapsel von Varda für eine erfolgreiche Rückkehr zur Erde am 27. Februar im Koonibba-Testgelände in Südaustralien.

Die W-2-Mission, die sechs Wochen im Orbit operierte, transportierte Nutzlasten, darunter ein AFRL-Spektrometer, einen mit der NASA zusammen entwickelten Hitzeschild mit einem thermischen Schutzsystem und einen erweiterten Bioreaktor zur pharmazeutischen Verarbeitung. Das Pioneer-Raumschiff führte drei präzise Antriebshandlungen aus einer Höhe von 500 km durch, um einen genauen Wiedereintritt der Kapsel zu gewährleisten.

Dies markiert die zweite von vier bestellten Pioneer-Raumschiffmissionen für Varda, wobei das dritte Raumschiff bereits für den Start in den kommenden Wochen vorbereitet ist. Die Mission folgt auf die W-1, die Anfang 2024 erfolgreich die erste Weltraumproduktion außerhalb der Internationalen Raumstation demonstrierte.

Positive
  • Successful completion of second in-space manufacturing mission
  • Third spacecraft ready for launch in coming weeks
  • Demonstrated capability for precise orbital maneuvers and re-entry
  • Expanded pharmaceutical processing capacity with new bioreactor
Negative
  • None.

Insights

Rocket Lab's successful completion of the W-2 mission with Varda Space Industries demonstrates significant commercial validation of their full-stack space capabilities beyond launch services. This marks their second successful orbital manufacturing mission with Varda, showcasing reliable execution in the demanding spacecraft-as-a-service market.

The mission architecture is particularly notable as it demonstrates Rocket Lab's vertical integration strategy. Their Pioneer spacecraft incorporated proprietary components including propulsion systems, reaction wheels, star trackers, and flight software - representing high-margin products compared to launch services alone. The precise execution of the three-burn reentry sequence highlights sophisticated orbital operations capabilities that few competitors can match.

From a revenue perspective, this milestone represents continued progress on a four-spacecraft contract with Varda, with the third spacecraft already completed and awaiting launch. While specific contract values weren't disclosed, this represents meaningful recurring revenue that complements their Electron launch business. The successful mission also strengthens Rocket Lab's position in capturing additional spacecraft contracts requiring similar capabilities.

The payload partnership with AFRL and NASA further validates Rocket Lab's technology for high-value government applications. Their demonstrated ability to not just reach orbit but also return payloads safely to Earth significantly expands their addressable market, particularly for pharmaceutical manufacturing and materials research requiring sample return.

The successful W-2 mission represents a critical technical achievement in commercial spacecraft reentry operations. Rocket Lab demonstrated precise orbital mechanics by executing a complex three-burn maneuver sequence, first dropping perigee to 300km, then raising apogee to 900km to align the spacecraft for reentry, followed by a final burn releasing the capsule from approximately 470km altitude.

What's technically impressive is the end-to-end integration of systems required for this mission. The Pioneer spacecraft had to provide multiple critical functions simultaneously: power generation, thermal management, attitude control, communications, and propulsion - all while supporting a 120kg payload capsule. This level of system integration represents significantly higher technical complexity than standard satellite deployments.

The manufacturing implications are substantial. Rocket Lab's vertical production capabilities at their Long Beach facility enabled them to design, build, test and operate this sophisticated spacecraft. Their ability to deliver the third spacecraft in this series already - ready for launch within weeks - demonstrates efficient production scheduling and manufacturing processes that should translate to improved margins as they scale.

For future operations, the six-week orbital duration (compared to eight months for W-1) suggests a more efficient operational tempo that could enable higher mission throughput. The successful integration of NASA's Thermal Protection System and AFRL's spectrometer also positions Rocket Lab for more complex government payload contracts requiring specialized engineering capabilities beyond standard satellite buses.

Rocket Lab designed and built the Pioneer spacecraft that hosted Varda’s capsule on orbit for six weeks carrying payloads for the U.S. Air Force Research Lab and NASA. The companies have concluded reentry and recovery operations.

LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced its custom Pioneer spacecraft for Varda Space Industries (“Varda”), a leading orbital pharmaceuticals and hypersonic re-entry logistics company, successfully positioned Varda’s capsule for return to Earth at 1:52 pm UTC on February 27. The capsule landed at the Koonibba Test Range in South Australia, operated by Southern Launch.

Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia. Credit: William Godwin, courtesy Varda Space Industries

Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia. Credit: William Godwin, courtesy Varda Space Industries

Rocket Lab’s Pioneer spacecraft delivered Varda’s W-2 mission that included a hypersonic re-entry capsule carrying a spectrometer from the Air Force Research Laboratory (AFRL) and a heatshield with a Thermal Protection System (TPS) developed in collaboration with NASA’s Ames Research Center. The mission also carried an expanded bioreactor which will increase Varda’s capacity for processing pharmaceuticals in orbit. The W2 mission is a follow-on from the companies’ first mission, W-1, which operated on orbit for eight months before successfully returning Varda’s capsule to Earth in early 2024. W-1 was a successful demonstration of the world’s first space manufacturing mission conducted outside of the International Space Station.

Following the launch of the W-2 mission on January 14, Rocket Lab operated the spacecraft on orbit for six weeks, delivering critical mission functions for Varda’s 120kg capsule including power, communications, propulsion, and attitude control. The Pioneer spacecraft was designed, built, and tested at Rocket Lab’s Spacecraft Production Complex and headquarters in Long Beach, California. It integrates Rocket Lab’s vertically developed components and systems, including star trackers, propulsion systems, reaction wheels, solar panels, flight software, radios, composite structures, tanks, separation systems, and more.

To return the capsule to Earth, Rocket Lab conducted deorbit, and re-entry targeting maneuvers of the Pioneer spacecraft, setting Varda’s capsule on a precise course to land in the Koonibba Test Range operated by Southern Launch. Rocket Lab successfully executed a series of three propulsion maneuvers or “burns” to align the vehicle for its re-entry path. Starting from a 500km circular orbit, Pioneer initiates a burn to slow things down, dropping out perigee to Earth to 300km. A second engine burn raised the orbits apogee to 900km aligning the spacecraft for its re-entry path. Next, the Pioneer spacecraft conducts a third and final burn that releases Varda’s capsule from approximately 470km altitude. The Varda team led the final mission phase, including parachute deployment, touchdown and recovery. Varda will now analyze the payloads and mission results to inform future missions.

“When Rocket Lab was founded, our initial focus was getting things to space. Now our team have become experts in returning them to Earth too,” said Rocket Lab founder and CEO Sir Peter Beck. “We’re immensely proud to continue our support of Varda’s inspiring vision with a second successful in-orbit mission and re-entry using our Pioneer spacecraft. Missions like W-2 underscore our exceptional capabilities as an end-to-end space company enabling unique and complex programs that unlock the full potential of space.”

"Varda is a leader in repeatable, reliable reentry from orbit to Earth, and the W-2 mission further solidifies this,” said Wendy Shimata, VP of autonomous systems. “With more re-entries coming on the heels of this one, the team at Varda is excited to continue to build toward a thriving orbital economy.”

The W-2 mission is the second of four Rocket Lab Pioneer spacecraft ordered by Varda to support orbital processing, with the third spacecraft complete and shipped to Vandenberg Space Force Base ready for launch in the coming weeks.

+ 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 spacecraft platforms, 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 more than 200 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 spacecraft platforms 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, 2024, 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.

+ About Varda:

Varda Space Industries is expanding the economic bounds of humankind by designing and building the infrastructure needed to make low Earth orbit accessible to industry, from in-orbit production equipment to reliable and economical reentry capsules. The company operates out of El Segundo, California with office and industrial production space. You can follow Varda on X (@vardaspace) and LinkedIn.

+ Rocket Lab Media Contact

Lindsay McLaurin

media@rocketlabusa.com

+ Varda Media Contact:

Alex Pearlman

Media@varda.com

Source: Rocket Lab USA, Inc

FAQ

What payloads did Rocket Lab's W-2 mission carry for Varda Space Industries?

The W-2 mission carried an AFRL spectrometer, a NASA-collaborated heatshield with Thermal Protection System, and an expanded bioreactor for pharmaceutical processing in orbit.

How long did RKLB's Pioneer spacecraft operate in orbit for the W-2 mission?

The Pioneer spacecraft operated in orbit for six weeks before successfully returning Varda's capsule to Earth on February 27.

Where did Varda's W-2 mission capsule land after re-entry?

The capsule landed at the Koonibba Test Range in South Australia, operated by Southern Launch.

How many Pioneer spacecraft has Varda ordered from Rocket Lab (RKLB)?

Varda has ordered four Pioneer spacecraft from Rocket Lab, with two missions completed and the third spacecraft ready for launch.

What orbital maneuvers did RKLB's Pioneer spacecraft perform for the W-2 mission?

The spacecraft performed three burns: first dropping from 500km to 300km perigee, then raising apogee to 900km, and finally releasing the capsule from 470km altitude.
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