Rocket Lab to Launch Global Wildfire Detection and Monitoring Mission for OroraTech
January 22 2025 - 3:30PM
Business Wire
Rocket Lab will launch a dedicated Electron
mission for first time customer OroraTech, helping to play a
crucial role in protecting against wildfires globally
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today announced it has signed a contract for a responsive launch on
Electron with Orora Technologies (OroraTech), a German company
developing a satellite constellation to monitor wildfires and alert
first responders to danger.
Launching from Rocket Lab Launch Complex 1 in New Zealand, the
dedicated mission on Electron will deploy eight satellites to a
550km orbit within just four months from launch contract signing,
enabling OroraTech to meet the season-sensitive requirements of its
wildfire detection mission. The rapid turnaround is just the latest
demonstration of Rocket Lab’s responsive launch capabilities for
satellite operators needing urgent access to space.
OroraTech is developing a constellation of satellites with
thermal infrared cameras that can provide 24/7 monitoring of
wildfires globally, supporting better and faster wildfire response
to protect forests, people, and infrastructure worldwide. The
mission will deploy its latest plane of satellites called OTC-P1 to
their current constellation, further expanding OroraTech’s
capabilities to first responders, governments, and industry
partners. The company will expand their constellation with up to
100 satellites in total by 2028.
Rocket Lab founder and CEO, Sir Peter Beck, said: “This launch
is a showcase of all the benefits of flying dedicated on Electron:
control over schedule, agility and ability to meet tight deadlines
and mission requirements, and the reliability of launching on the
world’s most frequently launched small orbital rocket. Knowing that
time is of the essence to get these satellites in space, we’re
proud to be rising to the challenge and supporting the OroraTech
mission to better monitor for and protect against these devastating
natural disasters globally.”
The mission is the latest launch to be announced in a packed
2025 launch manifest for Rocket Lab that includes the continuation
of multi-launch contracts with constellation operators Synspective,
Kineis, and BlackSky; a responsive space mission for the U.S. Space
Force that will see Rocket Lab build a spacecraft, then launch it
on Electron with 24-hours’ notice; and the debut launch of Rocket
Lab’s new medium-lift reusable rocket, Neutron.
+ 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 HASTE suborbital launch vehicle for
hypersonic tests, a family of flight proven spacecraft, and the
larger 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. Rocket Lab has deployed 200+ payloads from its
launch sites in the United States and New Zealand 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
family of spacecraft 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, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250122516273/en/
+ Rocket Lab Media Contact Murielle Baker
media@rocketlabusa.com
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Dec 2024 to Jan 2025
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Jan 2024 to Jan 2025