Rocket Lab Successfully Launches 53rd Electron Mission, Deploys Another Five Satellites for Kinéis
September 20 2024 - 8:10PM
Business Wire
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today successfully launched its 53rd Electron mission and deployed
five satellites to Low Earth Orbit for French Internet-of-Things
(IoT) company Kinéis.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240920263262/en/
Rocket Lab's Electron takes to the skies
for its 53rd launch out of Mahia, NZ, for return French
Internet-of-Things customer, Kinéis. Photo Credit: Rocket Lab
The ‘Kinéis Killed the RadIOT Star’ lifted off from Rocket Lab
Launch Complex 1 in Mahia, New Zealand, at 11:01 a.m. on 21
September NZST (23:01, 20 September UTC), successfully deploying
five satellites to a 643 km orbit. The mission was the second of
five dedicated Electron launches for Kinéis, a company backed by
private and public investors including the French government’s
space agency CNES (Centre National d'Études Spatiales) and CLS
(Collecte Localisation Satellites), an international space-based
solutions provider, to improve global IoT connectivity. The Kinéis
constellation is designed to make it possible to connect and locate
any connected object anywhere in the world, enabling data
transmission to users in near-real time, at low bit rates and with
very low energy consumption. By enabling internet connection to the
Earth’s most remote locations, Kinéis constellation can support
forest fire detection, water resource management, infrastructure
and energy network monitoring, transport and logistics tracking,
and much more.
Rocket Lab founder and CEO Sir Peter Beck said: “Today’s
successful launch marks another milestone for Rocket Lab as we
continue to enable innovative companies like Kinéis to push the
boundaries of global IoT connectivity. With each mission, we are
bringing the world closer together, allowing vital data to be
transmitted from the remotest corners of the Earth."
Across 53 launches Rocket Lab has now deployed 197 satellites
for a diverse range of customers and missions, including NASA
missions to the Moon, the National Reconnaissance Office and Space
Force missions supporting national security and defense, scientific
research to combat climate change, and commercial constellations
providing vital data and services to millions of people on
Earth.
Launch images: https://flic.kr/s/aHBqjBHZLj
Launch webcast:
https://www.youtube.com/live/beVTGh_PrA0
+ 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 flight-proven spacecraft, 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 197
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, 2023, 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.
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+ Rocket Lab Media Contact Lindsay McLaurin
media@rocketlabusa.com
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