Rocket Lab will launch three Electron missions for HawkEye 360, the first of which is expected to be the inaugural launch from Rocket Lab Launch Complex 2 in Virginia

LONG BEACH, Calif., April 19, 2022–(BUSINESS WIRE)–Rocket Lab (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced that it has been selected by HawkEye 360, based in Virginia, to launch three Electron missions for the radio frequency geospatial analysis provider. The first of three missions is expected to be Rocket Lab’s first Electron mission from Launch Complex 2 on Wallops Island, Va., ushering in an era of Rocket Lab launches from US soil starting in December 2022 at the earliest.

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Electron at Launch Complex 2, Virginia (Photo: Business Wire)

The multiple launch contract with HawkEye 360 ​​will see Rocket Lab deliver 15 satellites (five clusters) to low Earth orbit across three Electron missions scheduled between late 2022 and 2024. Rocket Lab will initially deploy three HawkEye 360 ​​satellites in the part of a carpooling mission, followed by six satellites each on two dedicated Electron launches.

The first HawkEye 360 ​​mission is slated to launch from Rocket Lab Launch Complex 2 at Virginia Space’s Mid-Atlantic Regional Spaceport within NASA’s Wallops Flight Facility – a dedicated Electron launch pad developed to support missions since US soil for government and commercial customers. Encouraged by NASA’s recent progress in certifying its Autonomous Flight Termination Unit (NAFTU) software, which is required to enable electron launches from Virginia, Rocket Lab has scheduled the Launch Complex 2 mission at the earliest in December 2022. With Launch Complex 2 joining Rocket Lab two operational launch pads at Launch Complex 1 in Mahia NZ, Rocket Lab can offer even greater flexibility in timing, launch frequency and launch location to its customers. global. Supporting Rocket Lab’s vertical integration strategy, Rocket Lab will also supply HawkEye 360 ​​with separation systems produced by Planetary Systems Corporation, a Maryland-based space hardware company acquired by Rocket Lab in December 2021.

Rocket Lab Founder and CEO Peter Beck said, “I am thrilled to welcome HawkEye 360 ​​to the Electron Manifesto and especially look forward to launching our inaugural mission from Launch Complex 2 in Virginia. Using multiple Electron pads in both hemispheres provides incredible flexibility. for our customers and provides assured access to space, which we know is becoming increasingly critical as launch availability decreases worldwide. This contract also demonstrates the continued execution of our strategy of vertical integration, in this case bringing together reliable separation systems for launch and flight under one roof. streamline the process of onboarding and launching HawkEye 360.”

HawkEye 360 ​​COO Rob Rainhart said, “Rocket Lab provides the flexibility we need to populate our constellation and achieve our desired orbits. I am thrilled to join the inaugural launch from Virginia, as a Virginia-based company launching our satellites from our home state.”

These missions will expand HawkEye 360’s constellation of radio frequency monitoring satellites, allowing the company to better provide accurate mapping of radio frequency emissions anywhere in the world. By combining radio frequency emissions data with its analysis tools and algorithms, HawkEye 360 ​​provides commercial and government customers with insights that have helped detect illegal fishing, poachers in national parks, radio frequency interference GPS along international borders and emergency beacons in crisis situations.

This agreement is the latest multi-launch contract for Rocket Lab, adding to a multi-launch contract for five dedicated Electron missions for global Internet of Things (IoT) connectivity provider Kinéis which will launch from 2023, as well as one for three missions dedicated to terrestrial imaging company Synspective, the first of which was launched in February 2022.

+ About Rocket Lab

Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We provide reliable launch services, satellite manufacturing, spacecraft components and in-orbit management solutions that make getting into space faster, easier and more affordable. Based in Long Beach, California, Rocket Lab designs and manufactures the small Electron orbital launch vehicle and Photon satellite platform and develops the 8-ton Neutron 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 each year and has delivered 112 satellites into orbit for private and public sector organizations, enabling operations in the fields of national security, scientific research and 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 in New Zealand and a second launch site in Virginia, USA, which is expected to become operational in 2022. To learn more, visit www.rocketlabusa.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 regarding 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 differ materially from those expressed or implied by such statements. prospective. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including risks related to the global COVID-19 pandemic; risks relating to government restrictions and lockdowns in New Zealand and other countries in which we operate that could delay or suspend our operations; delays and disruptions in expansion efforts; our reliance on a limited number of customers; the harsh and unpredictable space environment in which our products operate, which could adversely affect our launch vehicle and spacecraft; increased congestion due to the proliferation of constellations in low Earth orbit which could significantly increase the risk of potential collision with space debris or other spacecraft and limit or impede our launch flexibility and/or access to our own orbital slots ; increased competition in our industry due in part to rapid technological development and falling costs; technological changes in our industry that we may not be able to keep up with or that could make our services uncompetitive; evolution of average selling prices; the failure of our launch vehicles, spacecraft and components to perform as intended, either due to our design error in production or through our fault; disruptions to the launch schedule; supply chain disruptions, product delays or failures; design and engineering flaws; launch failures; natural disasters and epidemics or pandemics; changes in government regulations, including with respect to trade and export restrictions, or in the status of our regulatory approvals or applications; or other events that require us to cancel or reschedule launches, including customers’ contractual rescheduling and termination rights; the risks that acquisitions will not be completed on time or at all or that they will not achieve the expected benefits and results; and 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, 2021, which was filed with the SEC on March 24, 2022, and elsewhere (including that the impact of the COVID-19 pandemic may also exacerbate the risks therein discussed). There can be no assurance that future developments affecting Rocket Lab will be those anticipated by us. Except as required by law, Rocket Lab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220419006088/en/

contacts

+ Rocket Lab Media Contact
Morgan Bailey
[email protected]

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