Mission Success for Rocket Lab’s Latest Suborbital Hypersonic Launch
December 09 2024 - 4:30PM
Business Wire
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the
Company”), a global leader in launch services and space systems,
today announced it successfully launched a suborbital mission in
November to test hypersonic technology for the Department of
Defense.
This mission provided hypersonic test launch capabilities under
the Multi-Service Advanced Capability Hypersonics Test Bed
(MACH-TB) project, which aims to increase hypersonic flight testing
for the United States in support of technology maturation. The
project was awarded by Naval Surface Warfare Center (NSWC) Crane
through the Strategic and Spectrum Missions Advanced Resilient
Trusted Systems (S2MARTS) Other Transaction Authority (OTA) vehicle
on behalf of the U.S. Department of Defense Test Resource
Management Center (TRMC).
George Rumford, Director of the TRMC, states: “Leveraging
commercial launch services allows our Nation to affordably test
components early and frequently, accelerating hypersonic
development.”
Rocket Lab’s test platform showcased a new suite of cutting-edge
technologies optimized for hypersonic technology tests with vastly
increased payloads. Rocket Lab also designed, manufactured,
assembled, and integrated the experimental hypersonic
instrumentation which was launched on this mission, but on a highly
accelerated timeline.
Rocket Lab’s Vice President Global Launch Services, Brian
Rogers, says: “Hypersonic technology testing is a critical need for
the nation and one that we’re proud to be serving with our test
launches. Again, we broke new ground with this launch, and our
ability to deliver successful tests demonstrates our commitment to
working with our government and industry partners in pushing the
boundaries of hypersonic innovation.”
Rocket Lab has been launching missions to space for commercial
and government customers since 2017, with more than 200 payloads
deployed from its United States and New Zealand launch sites.
+ 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 190+ 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/20241209015528/en/
+ Rocket Lab Media Contact Murielle Baker
media@rocketlabusa.com
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Nov 2024 to Dec 2024
Rocket Lab USA (NASDAQ:RKLB)
Historical Stock Chart
From Dec 2023 to Dec 2024