Rocket Lab USA Inc.

09/03/2024 | News release | Distributed by Public on 09/03/2024 06:39

Rocket Lab Sets Launch Date for Second Dedicated Kinéis Mission to Deploy IoT Constellation

The upcoming mission will be the second in a series of five dedicated Electron launches for Kinéis, designed to provide global Internet of Things (IoT) accessibility worldwide.

LONG BEACH, Calif.--(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 has set the launch window for its 53 rd Electron Launch. The mission will be the second of five dedicated launches for the French company Kinéis.

The 'Kinéis Killed the RadIOT Star' mission is scheduled to launch from Rocket Lab Launch Complex 1 in Mahia, New Zealand during a 14-day launch window that opens on September 17, 2024, NZST.

This mission will launch just three months after the 'No Time Toulouse' mission, Kinéis' first launch with Rocket Lab. 'Kinéis Killed the RadIOT Star' will be 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 Internet of Things (IoT) connectivity.

Kinéis' constellation will connect any object anywhere in the world and guarantee the transmission of targeted and useful data to users, in near-real time, with low energy consumption with more powerful 30kg-class nanosats that integrate IoT technology. The constellation also includes a second mission: a ship-tracking Automatic Identification System (AIS). Once deployed, these technologies will allow Kinéis to expand across multiple industries and scale from 20,000 devices connected to millions. The second constellation launch will add an additional five new satellites to its planned 25 and will enhance Kinéis' ability to connect the planet and address essential challenges for humanity, its activities, and its environment.

"We're excited to welcome the Kinéis team on board Electron again as we help them build out their constellation," said Rocket Lab founder and CEO, Sir Peter Beck. "Dedicated launch is key for the kind of precise orbital deployment requirements many constellation operators need, so we're proud to make that possible once again."

"The Kinéis teams are ready to build on the success of the first launch. They have capitalized on this first and delicate technical experience of putting our first five satellites into position and are delivering a real technical performance in managing the five new satellites simultaneously, in addition to the five already in the air," said Alexandre Tisserant, Chairman of Kinéis. "Rocket Lab's Electron launcher made a major contribution to this success, thanks to the precision with which it injected our nanosatellites into their positions. The IoT revolution is underway. Thanks to our space-based connectivity, we'll be able to connect any object anywhere in the world in near real time. Go Kinéis!"

The 'Kinéis Killed the RadIOT Star' launch has been tailored specifically to meet Kinéis' mission requirements, giving them greater control over launch schedule, orbit, and deployment parameters than would be possible on a larger rideshare mission. Tailored mission parameters for this launch include:

  • Instantaneous launch window,
  • After the first Curie engine burn to circularize the Kick Stage's orbit, Curie will ignite again for an eight second burn to set a specific argument of perigee, enabling Kinéis to deploy five satellites to a precise location for each one of the five launches,
  • All five satellites will be deployed in a precise sequence in singles and as pairs to build out the constellation exactly as Kinéis needs it,
  • Finally, Curie will conduct a perigee lowering burn to reduce the Kick Stage's orbital lifetime to keep space sustainable.

+ 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.

+ Rocket Lab Media Contact
Lindsay McLaurin
[email protected]

Source: Rocket Lab USA, Inc.