Rocket Lab Successfully Launches 50th Electron Mission, Deploys Satellites for Kinéis

Electron reaches 50 launches faster than any other commercially developed rocket in history

MAHIA, New Zealand–(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 50^th Electron mission, deploying satellites for French Internet-of-Things (IoT) company Kinéis. Electron has reached the milestone of 50 launches faster than any commercially developed rocket in history.

The ‘No Time Toulouse’ mission lifted-off from Rocket Lab Launch Complex 1 in Mahia, New Zealand at 6:13 am on 21 June NZST (6:13 pm, 20 June UTC), successfully deploying five satellites to a 635 km circular orbit. The mission was the first 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 Peter Beck said: “When Electron lifted off the pad for the first time in 2017, we knew we’d unlocked a new era in spaceflight, one where small satellites got to call the shots for the first time with frequent, tailored and reliable access to orbit. Fifty launches later Electron is the most successful commercial small rocket globally. Making it to fifty launches faster than any commercially developed rocket in history is testament to the incredible team we have behind us. Today’s precise, tailored mission for Kinéis is yet another demonstration of the value Electron continues to provide to the small sat community. Congratulations to our team and thank you to our customers and supporters for helping us continue to break records and set new industry standards.”

Across 50 launches Rocket Lab has now deployed 190 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/aHBqjBujsx

Launch webcast: https://www.youtube.com/live/MYpQkHw9s1I?si=Rj36QbF_lMQKghf2

+ 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 190 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.

Contacts

+ Rocket Lab Media Contact
Morgan Connaughton

media@rocketlabusa.com