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RKLB Rocket Lab USA Inc

26.2417
0.6517 (2.55%)
Last Updated: 17:49:35
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rocket Lab USA Inc NASDAQ:RKLB NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.6517 2.55% 26.2417 26.24 26.25 26.59 25.09 25.59 7,376,973 17:49:35

Rocket Lab Ships Twin Satellites to Launch Site for NASA Mars Mission

16/08/2024 1:30pm

Business Wire


Rocket Lab USA (NASDAQ:RKLB)
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Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has successfully packed and shipped two Mars-bound spacecraft to Cape Canaveral, FL in preparation for launch. These twin spacecraft for the Escape and Plasma Acceleration and Dynamics Explorers (ESCAPADE) heliophysics mission were designed, built, integrated, and tested by Rocket Lab for the University of California Berkeley’s Space Science Laboratory and NASA.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240816684891/en/

Rocket Lab built ESCAPADE twin spacecraft fully assembled and ready for shipping at the company's Spacecraft Production Complex and headquarters in Long Beach, California, before shipping to the launch site at Cape Canaveral, Florida. Image Credit: Rocket Lab

The spacecraft, known as Blue and Gold, recently completed comprehensive assembly, integration, and test at Rocket Lab’s Spacecraft Production Complex and headquarters in Long Beach, California. Following this milestone, the Rocket Lab team conducted final closeout activities, including the installation of spacecraft solar arrays and multi-layer insulation (MLI) blankets, before they were packaged and shipped to Florida for launch.

Upon arrival at NASA’s Kennedy Space Center (KSC) Launch Complex, Rocket Lab team members will transfer the spacecraft to a cleanroom for post-transport inspections and tests. Following thorough checks, the team will commence preparation for fueling the spacecraft in anticipation of their upcoming launch on Blue Origin’s New Glenn rocket.

“We’ve already been to the Moon for NASA, so we’re excited to build on that and send Rocket Lab technology deeper into the solar system, this time to the Red Planet,” said Rocket Lab founder and CEO Sir Peter Beck. “Our Space Systems team has built a beautiful and highly capable pair of spacecraft to help NASA and the University of California Berkeley further humanity’s understanding of Mars. We couldn’t be prouder to be an ESCAPADE mission partner enabling science and exploration missions beyond our planet. After a meticulous but speedy build and test phase, we’re excited to have Blue and Gold on their way to the Cape and a step closer to Mars.”

"The successful delivery of the spacecraft to Kennedy Space Center marks a significant milestone and the culmination of over three years of dedicated teamwork from individuals across the project, especially our partners at Rocket Lab,” said Rob Lillis, ESCAPADE Principal Investigator and Associate Director for Planetary Science at the UC Berkeley Space Sciences Laboratory. “Interplanetary spacecraft must be much more resilient than earth satellites, and developing not one, but two of these probes almost from scratch was no small feat. Time and again, Rocket Lab’s agility and tireless efforts have impressed me, exemplified by their frequent 'hero mode' (a saying we have on the project) to troubleshoot and keep the project on course. We couldn’t ask for better partners in this endeavor. Now, we’re thrilled to embark on this first step of our journey to Mars!"

Once launched, the ESCAPADE mission will measure plasma and magnetic fields around the Red Planet. These observations will help scientists unravel the processes that strip atoms from Mars’ magnetosphere and upper atmosphere, offering critical insights into Martian climate evolution.

Images: https://www.flickr.com/photos/rocketlab/albums/72177720319488550 More info: https://www.rocketlabusa.com/missions/escapade/

+ About the ESCAPADE Mission

NASA’s ESCAPADE is a NASA heliophysics mission that will study Mars’ magnetosphere – the magnetized area of space around the planet – using two identical small spacecraft, which will provide simultaneous two-point observations. The spacecraft will help provide researchers a better understanding of how the magnetosphere interacts with the solar wind, and how energy and plasma enter and leave the magnetosphere. ESCAPADE is part of the NASA Small Innovative Missions for Planetary Exploration program. The mission is managed by the University of California Berkley’s Space Sciences Laboratory, with key partners Rocket Lab, NASA Goddard Space Flight Center, Embry Riddle Aeronautical University, Advanced Space LLC and Blue Origin.

+ About Rocket Lab

Rocket Lab is a global leader in launch and space systems. Rocket Lab’s Electron launch vehicle is the second most frequently launched U.S. rocket annually and has delivered more than 190 satellites to orbit for commercial and Government partners, including NASA, the U.S. Air Force, DARPA and the NRO. Rocket Lab also delivers proven suborbital hypersonic launch capability with its HASTE launch vehicle. Building on the deep heritage of Electron, Rocket Lab is developing Neutron, an advanced 13-tonne payload class, reusable launch vehicle tailored for constellation deployment and interplanetary missions. Rocket Lab is also a premier supplier of advanced satellites, flight-proven subsystems and spacecraft components. At a component level, Rocket Lab spacecraft technology spans space solar power, composite structures, flight software, star trackers, reaction wheels, separation systems, and more. Rocket Lab satellite technology and components have been integrated into more than 1,700 satellite missions globally. 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.

Rocket Lab Media Contact Lindsay McLaurin media@rocketlabusa.com

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